ANI PHARMACEUTICALS INC (ANIP) Stock Technical Analysis
USA - NASDAQ:ANIP - US00182C1036 - Common Stock
We assign a technical rating of 3 out of 10 to ANIP. ANIP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
ANIP has a poor technical rating and the quality of the setup is also not perfect 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
62.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 84.01 to 84.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 73.05 to 73.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 91.47 to 93.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 94.79 to 95.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ANIP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANIP is down. |
| ChartMill Relative Strength | 85.39 | POSITIVE | ANIP has a high relative strength, it outperformed 85.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ANIP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANIP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANIP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.63 | OVERSOLD | The low RSI value suggests ANIP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.97 | NEGATIVE | The MACD value suggests ANIP has a negative trend. |
| Stochastics (14,3) | 34.47 | NEUTRAL | The Stochastics value for ANIP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ANIP suggests some volalility. |
| Average Directional Index/ADX (14) | 33.85 | POSITIVE | The high ADX value value for ANIP suggests a strong trend. |
84.02
-0.53 (-0.63%)
ANI PHARMACEUTICALS INC / ANIP FAQ
What is the technical rating for ANIP stock?
ChartMill assigns a technical rating of 3 / 10 to ANIP.
What is the current trend direction of ANI PHARMACEUTICALS INC (ANIP) stock?
The current trend direction for ANI PHARMACEUTICALS INC (ANIP) is Bullish.
Can you provide the RSI signal for ANI PHARMACEUTICALS INC?
ANI PHARMACEUTICALS INC (ANIP) has an RSI value of 29.6312. This indicates that the stock is currently oversold.
What is the MACD signal for ANIP stock?
The MACD indicator for ANI PHARMACEUTICALS INC (ANIP) has a value of -0.971097, indicating a bearish trend.
What is the short term momentum for ANIP stock?
The short term momentum for ANI PHARMACEUTICALS INC (ANIP) is negative.