ANIKA THERAPEUTICS INC (ANIK) Technical Analysis
NASDAQ:ANIK • US0352551081
Current stock price
14.2 USD
-0.1 (-0.7%)
At close:
14.2 USD
0 (0%)
After Hours:
ANIK Technical Rating and Analysis
Overall ANIK gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ANIK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- ANIK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ANIK is performing more or less in line with the market.
- ANIK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the yearly performance of all stocks, we notice that ANIK is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- ANIK is an average performer in the Biotechnology industry, it outperforms 64% of 519 stocks in the same industry.
ANIK Weekly and Daily overview Charts
ANIK Setup Rating and Analysis
Although ANIK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ANIK Support and Resistance Analysis
8.93
14.51
We found 5 important support areas.
- A support zone ranging from 14.11 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.75 from a trend line in the daily time frame.
- Support @10.59 from a horizontal line in the daily time frame.
- A support zone ranging from 9.30 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.37 to 14.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ANIK Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ANIK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANIK is up. |
| ChartMill Relative Strength | 82.13 | POSITIVE | ANIK has a high relative strength, it outperformed 82.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANIK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANIK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANIK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.44 | OVERBOUGHT | The high RSI value suggests ANIK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ANIK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.54 | OVERBOUGHT | The high Stochastics value suggests ANIK may be overbought. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ANIK suggests some volalility. |
| Average Directional Index/ADX (14) | 56.5 | POSITIVE | The high ADX value value for ANIK suggests a strong trend. |
ANIK Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ANIK Technicals: Chart, Performance Metrics, Trend & Indicators
14.2
-0.1 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.7%
1 Week0.57%
2 Weeks-1.11%
1 Month41.15%
3 Month48.54%
6 Month63.78%
12 Month-10.75%
2 Year-44.09%
3 Year-50.56%
5 Year-65.19%
10 Year-68.25%
15 Year58.48%
Volatility
ATR(14)0.82
ATR(20)%4.69%
ATR Inc-45.07%
Range Today0.48
ADR(20)0.63
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.13
3 months CRS97.38
6 months CRS95.87
Mansfield2.45
10 Day High15.06
10 Day Low13.76
20 Day High15.06
20 Day Low9.88
52 Week High16.7
52 Week Low7.87
CS1 End14.11
CR1 Start14.37
Volume & EV
DER(3)0.58%
DER(5)-0.03%
Volume92.90K
Volume Incr-13.08%
Vol(5)128.88K
Vol(50)149.61K
ANIKA THERAPEUTICS INC / ANIK TA FAQ
What is the technical rating for ANIK stock?
ChartMill assigns a technical rating of 9 / 10 to ANIK.
What is the current trend direction of ANIKA THERAPEUTICS INC (ANIK) stock?
The current trend direction for ANIKA THERAPEUTICS INC (ANIK) is Bullish.
Can you provide the RSI signal for ANIKA THERAPEUTICS INC?
ANIKA THERAPEUTICS INC (ANIK) has an RSI value of 71.4367. This indicates that the stock is currently overbought.
What is the MACD signal for ANIK stock?
The MACD indicator for ANIKA THERAPEUTICS INC (ANIK) has a value of 0.044113, indicating a bearish trend.
What is the short term momentum for ANIK stock?
The short term momentum for ANIKA THERAPEUTICS INC (ANIK) is positive.