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Stock Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

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.

NASDAQ_ANIK
Open High Low ANIK Price Change
25.39 25.39 23.95 24.69 -0.72
Entry Signal

MarketClub’s Trade Triangles for ANIK

long term up The long-term trend has been UP since May 2nd, 2024 at 27.31

intermediate term down The intermediate-term trend has been DOWN since May 23rd, 2024 at 25.14

short term down The short-term trend has been DOWN since May 23rd, 2024 at 25.25

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).

-60
Smart Scan Analysis for ANIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.39 25.39 23.95 24.69 -0.72
Prev. Close Volume Bid Ask Time
25.41 51322 2024-05-23 15:59:59
Year High69.8069Year High Date2018-02-02
Year Low28.54Year Low Date2018-06-20
52wk High28.669152wk High Date2024-05-08
52wk Low16.5452wk Low Date2023-09-08
Year End Close9.94Average Volume60,921
Shares Outstanding14,828Short Interest267,631
% Institutional54.4Market Cap765M
Assets263,744,000MLiabilities55,208,000M
P/E Ratio80.5357Beta1.64
Volatility44.35
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