ANIKA THERAPEUTICS INC (ANIK) Stock Technical Analysis
USA - NASDAQ:ANIK - US0352551081 - Common Stock
9.58 USD
-0.2 (-2.04%)
9.58 USD
0 (0%)
Taking everything into account, ANIK scores 3 out of 10 in our technical rating. In the past year, ANIK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
95% of all other stocks performed better in the past year than ANIK.
ANIK is part of the Biotechnology industry. There are 534 other stocks in this industry, of which 78% are performing better than ANIK.
ANIK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ANIK has a been trading in the 8.67 - 9.81 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, ANIK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ANIK in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.31
9.89
We found 3 important support areas.
- A support zone ranging from 9.23 to 9.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.66 to 8.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.39 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @9.79 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ANIK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANIK is up. |
| ChartMill Relative Strength | 5.37 | NEGATIVE | ANIK has a low relative strength, it was outperformed by 94.63% 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) | DOWN | NEGATIVE | The current price of ANIK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.24 | NEUTRAL | The RSI value for ANIK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ANIK has a positive trend. |
| Stochastics (14,3) | 90.61 | OVERBOUGHT | The high Stochastics value suggests ANIK may be overbought. |
| Average True Range in percent/ATR (20) | 3.76 | MEDIUM VOLATILITY | The ATR as a percentage value for ANIK suggests some volalility. |
| Average Directional Index/ADX (14) | 16.03 | NEGATIVE | The low ADX value for ANIK suggests a weak or negative trend. |
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)
9.58
-0.2 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.04%
1 Week5.39%
2 Weeks3.68%
1 Month5.62%
3 Month-16.7%
6 Month-33.61%
12 Month-60.61%
2 Year-50.87%
3 Year-66.29%
5 Year-70.63%
10 Year-75.13%
15 Year49.69%
Volatility
ATR(14)0.35
ATR(20)%3.76%
ATR Inc5.77%
Range Today0.3
ADR(20)0.36
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.37
3 months CRS12.22
6 months CRS5.81
Mansfield-3.55
10 Day High9.81
10 Day Low8.67
20 Day High9.81
20 Day Low8.67
52 Week High25
52 Week Low7.87
CS1 End9.3
CR1 Start9.79
Volume & EV
DER(3)8.39%
DER(5)4.45%
Volume52.40K
Volume Incr7.02%
Vol(5)113.70K
Vol(50)106.61K