ANIKA THERAPEUTICS INC (ANIK) Stock Technical Analysis
NASDAQ:ANIK - Nasdaq - US0352551081 - Common Stock - Currency: USD
Overall ANIK gets a technical rating of 0 out of 10. ANIK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ANIK is a bad performer in the overall market: 96% of all stocks are doing better.
ANIK is one of the lesser performing stocks in the Biotechnology industry. 77% of 558 stocks in the same industry do better.
ANIK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ANIK has a been trading in the 10.47 - 11.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ANIK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ANIK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.72
17.90
We can see 4 important resistance areas.
- Resistance @11.66 from a horizontal line in the daily time frame.
- Resistance @11.94 from a trend line in the daily time frame.
- A resistance zone ranging from 12.36 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.72 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 | DOWN | NEGATIVE | The short term trend for ANIK is down. |
| ChartMill Relative Strength | 4.82 | NEGATIVE | ANIK has a low relative strength, it was outperformed by 95.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANIK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANIK is below a declining 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) | 39.6 | NEUTRAL | The RSI value for ANIK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ANIK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.04 | NEUTRAL | The Stochastics value for ANIK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for ANIK suggests some volalility. |
| Average Directional Index/ADX (14) | 39.57 | POSITIVE | The high ADX value value for ANIK suggests a strong 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)
10.83
-0.29 (-2.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.61%
1 Week-2.43%
2 Weeks-4.24%
1 Month-2.61%
3 Month-28.33%
6 Month-33.31%
12 Month-57.24%
2 Year-58.31%
3 Year-51.48%
5 Year-71.3%
10 Year-67.21%
15 Year83.87%
Volatility
ATR(14)0.42
ATR(20)%3.93%
ATR Inc32.97%
Range Today0.54
ADR(20)0.41
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.82
Mansfield-4.54
10 Day High11.43
10 Day Low10.47
20 Day High11.92
20 Day Low10.47
52 Week High29.12
52 Week Low10.47
CS1 EndN/A
CR1 Start11.66
Volume & EV
DER(3)4.35%
DER(5)4.38%
Volume46.60K
Volume Incr31.14%
Vol(5)76.34K
Vol(50)65.15K