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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Anika Therapeutics Inc. (NASDAQ:ANIK)

Countertrend Up (+85) - ANIK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
28.310 28.585 27.510 27.870 -0.440
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 up The intermediate-term trend has been UP since Jul 11th, 2024 at 26.47

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 27.69

Smart Scan Analysis for ANIK

Based on our trend formula, ANIK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ANIK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.310 28.585 27.510 27.870 -0.440
Prev. Close Volume Bid Ask Time
28.310 28458 2024-07-26 15:59:53
Year High69.8069Year High Date2018-02-02
Year Low28.54Year Low Date2018-06-20
52wk High29.11552wk High Date2024-07-18
52wk Low16.5452wk Low Date2023-09-08
Year End Close9.94Average Volume56,356
Shares Outstanding14,828Short Interest267,631
% Institutional54.4Market Cap765M
Assets263,744,000MLiabilities55,208,000M
P/E Ratio80.5357Beta1.64
Volatility44.35
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