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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
17.020 17.160 16.695 17.060 +0.020
Entry Signal

MarketClub’s Trade Triangles for ANIK

long term down The long-term trend has been DOWN since Oct 31st, 2024 at 24.15

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 25.56

short term up The short-term trend has been UP since Nov 18th, 2024 at 17.19

Smart Scan Analysis for ANIK

Based on our trend formula, ANIK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ANIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.020 17.160 16.695 17.060 +0.020
Prev. Close Volume Bid Ask Time
17.040 79057 2024-11-19 15:59:27
Year High69.8069Year High Date2018-02-02
Year Low28.54Year Low Date2018-06-20
52wk High29.11552wk High Date2024-07-18
52wk Low1652wk Low Date2024-10-31
Year End Close9.94Average Volume145,309
Shares Outstanding14,646Short Interest267,631
% Institutional54.4Market Cap765M
Assets231,405,000MLiabilities51,541,000M
P/E Ratio80.5357Beta1.64
Volatility44.35
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