Stock Trend Analysis Report
Prepared for you on Tuesday, September 22, 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.
MarketClub’s Trade Triangles for ANIK
The long-term trend has been UP since Jul 1st, 2020 at 38.1686
The intermediate-term trend has been DOWN since Sep 15th, 2020 at 35.7900
The short-term trend has been DOWN since Sep 21st, 2020 at 35.1800
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).
|Year High||69.8069||Year High Date||2018-02-02|
|Year Low||28.54||Year Low Date||2018-06-20|
|52wk High||75.715||52wk High Date||2019-10-25|
|52wk Low||22.01||52wk Low Date||2020-03-19|
|Year End Close||9.94||Average Volume||97,809|
|Shares Outstanding||14,207||Short Interest||267,631|
|% Institutional||54.4||Market Cap||765M|