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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Anika Therapeutics Inc. (NASDAQ:ANIK)

Crossroads (+60) - ANIK is struggling to move into a solid trend. Beware of choppy markets 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.

Open High Low ANIK Price Change
19.14 19.17 18.85 18.88 -0.29
Entry Signal

MarketClub’s Trade Triangles for ANIK

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 27.01

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2023 at 18.66

short term up The short-term trend has been UP since Sep 21st, 2023 at 18.10

Smart Scan Analysis for ANIK

Based on our trend formula, ANIK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ANIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.14 19.17 18.85 18.88 -0.29
Prev. Close Volume Bid Ask Time
19.17 84394 2023-09-28 15:59:31
Year High69.8069Year High Date2018-02-02
Year Low28.54Year Low Date2018-06-20
52wk High32.5152wk High Date2022-11-10
52wk Low16.5452wk Low Date2023-09-08
Year End Close9.94Average Volume425,101
Shares Outstanding14,631Short Interest267,631
% Institutional54.4Market Cap765M
P/E Ratio80.5357Beta1.64
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