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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Anika Therapeutics Inc. (NASDAQ:ANIK)

Bear Market Rally (-75) - ANIK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ANIK as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ANIK?

MarketClub looks at technical strength and momentum to determine if the timing is right for ANIK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ANIK
Open High Low ANIK Price Change
25.5800 25.8800 25.5001 25.7250 +0.2150
Entry Signal

MarketClub’s Trade Triangles for ANIK

long term down The long-term trend has been DOWN since Mar 14th, 2024 at 21.2101

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 25.0000

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 25.4000

Smart Scan Analysis for ANIK

Based on our trend formula, ANIK is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for ANIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.5800 25.8800 25.5001 25.7250 +0.2150
Prev. Close Volume Bid Ask Time
25.6900 42197 2024-04-17 15:59:30
Year High69.8069Year High Date2018-02-02
Year Low28.54Year Low Date2018-06-20
52wk High28.8252wk High Date2023-04-18
52wk Low16.5452wk Low Date2023-09-08
Year End Close9.94Average Volume73,137
Shares Outstanding14,850Short Interest267,631
% Institutional54.4Market Cap765M
Assets270,632,000MLiabilities58,367,000M
P/E Ratio80.5357Beta1.64
Volatility44.35
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