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Stock Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Anika Therapeutics, Inc (NASDAQ:ANIK)

Weak Downtrend (-65) - ANIK is showing signs of a strengthening downtrend. Monitor ANIK as it may be building momentum to the downside.

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
33.88 34.23 32.14 33.60 -0.58
Entry Signal

MarketClub’s Trade Triangles for ANIK

long term down The long-term trend has been DOWN since Jan 2nd, 2020 at 51.37

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2020 at 29.47

short term down The short-term trend has been DOWN since May 29th, 2020 at 33.19

Smart Scan Analysis for ANIK

Based on our trend formula, ANIK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ANIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.88 34.23 32.14 33.60 -0.58
Prev. Close Volume Bid Ask Time
28.53 116570 2020-05-29 15:59:42
Year High69.8069Year High Date2018-02-02
Year Low28.54Year Low Date2018-06-20
52wk High75.71552wk High Date2019-10-25
52wk Low22.0152wk Low Date2020-03-19
Year End Close9.94Average Volume244,438
Shares Outstanding14,168Short Interest267,631
% Institutional54.4Market Cap765M
Assets330,710,000MLiabilities42,332,000M
P/E Ratio15.1Beta1.64
Volatility44.35
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