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Stock Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Anika Therapeutics Inc. (NASDAQ:ANIK)

Sidelines Mode (-55) - ANIK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
41.240 41.470 40.695 41.080 -0.580
Entry Signal

MarketClub’s Trade Triangles for ANIK

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 39.3939

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2021 at 41.1000

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 40.8150

Smart Scan Analysis for ANIK

Based on our trend formula, ANIK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ANIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.240 41.470 40.695 41.080 -0.580
Prev. Close Volume Bid Ask Time
41.010 83878 2021-10-18 15:59:52
Year High69.8069Year High Date2018-02-02
Year Low28.54Year Low Date2018-06-20
52wk High48.3752wk High Date2021-06-01
52wk Low32.0452wk Low Date2020-10-30
Year End Close9.94Average Volume66,608
Shares Outstanding14,423Short Interest267,631
% Institutional54.4Market Cap765M
Assets363,131,000MLiabilities76,327,000M
P/E Ratio45.5065Beta1.64
Volatility44.35
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