ANI PHARMACEUTICALS INC (ANIP) Stock Technical Analysis
NASDAQ:ANIP - Nasdaq - US00182C1036 - Common Stock - Currency: USD
Taking everything into account, ANIP scores 0 out of 10 in our technical rating. ANIP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
70% of all other stocks performed better in the past year than ANIP.
ANIP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ANIP is lagging the market.
ANIP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
ANIP is an average performer in the Pharmaceuticals industry, it outperforms 61% of 195 stocks in the same industry.
Although the technical rating is bad, ANIP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
52.81
59.39
We found 4 important support areas.
- Support @56.33 from a trend line in the daily time frame.
- Support @55.23 from a trend line in the weekly time frame.
- Support @54.32 from a horizontal line in the daily time frame.
- A support zone ranging from 53.34 to 53.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 58.73 to 58.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for ANIP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ANIP is down. |
| ChartMill Relative Strength | 30.97 | NEUTRAL | ANIP is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of ANIP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.3 | NEUTRAL | The RSI value for ANIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests ANIP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.48 | OVERSOLD | The low Stochastics value suggests ANIP may be oversold. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ANIP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.03 | NEGATIVE | The low ADX value for ANIP 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)
58.72
+0.46 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.79%
1 Week2.53%
2 Weeks-1.36%
1 Month-16.93%
3 Month-5.12%
6 Month2.6%
12 Month-9.52%
2 Year30.08%
3 Year94.12%
5 Year89.05%
10 Year16.55%
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%4.32%
ATR Inc-38.31%
Range Today2.06
ADR(20)2.52
ADR(20)%4.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.97
Mansfield-0.68
10 Day High61.23
10 Day Low56.71
20 Day High77
20 Day Low56.71
52 Week High77
52 Week Low52.5
CS1 End56.33
CR1 Start58.73
Volume & EV
DER(3)-2.62%
DER(5)-1.76%
Volume285.40K
Volume Incr-43.61%
Vol(5)280.96K
Vol(50)416.52K