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(ANIK) Anika Therapeutics complete technical analysis [charts+indicators] | Buy/Sell Anika Therapeutics | (ANIK) share price targets

Complete technical analysis of Anika Therapeutics (ANIK) by charts plus indicators, forecast predictions and share price targets for Anika Therapeutics (ANIK)

Anika Therapeutics trades in USA in Health Care sector.

10 day averaged volume of Anika Therapeutics is 183170

Date Daily Closing Price Open High Low Volume
08 Fri Nov 2024 17.26 17.10 17.50 16.75 0.703 times
07 Thu Nov 2024 17.23 17.13 17.34 16.93 0.705 times
06 Wed Nov 2024 17.27 16.50 17.51 16.31 1.377 times
05 Tue Nov 2024 16.30 17.17 17.24 16.15 1.216 times
04 Mon Nov 2024 17.07 16.43 17.56 16.10 1.211 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.3, but if it comes above 18.3, then a intra day buy could be more profitable.
If you take a sell trade below 18.3, then use 18.3 as stoploss and 13.8 as target. However if you take a buy trade in stock , then use 18.3 as stoploss and 22.05 as target.

Share price targets for Anika Therapeutics (ANIK)

Target Type Value
Downside Target 16.00
Upside Target 17.56
Upside Target 24.15
Upside Target 25.20
Upside Target 25.24
Upside Target 25.63
Upside Target 25.65
Upside Target 26.00
Upside Target 27.50
Upside Target 28.92

Intraday share price targets for Anika Therapeutics (ANIK)

Target Type Value
Downside Intraday Target 16.39
Downside Intraday Target 15.51
Upside Intraday Target 17.85
Upside Intraday Target 18.43
Downside Intraday Target 16.97

Weekly technical analysis of Anika Therapeutics (ANIK)

Date Weekly Closing Price Open High Low Volume
08 Fri Nov 2024 17.26 16.43 17.56 16.10 1.089 times
01 Fri Nov 2024 16.53 24.50 25.00 16.00 3.811 times
25 Fri Oct 2024 24.32 24.95 25.24 24.24 1.474 times
18 Fri Oct 2024 25.06 25.49 25.63 24.90 0.671 times
11 Fri Oct 2024 25.38 25.00 25.65 24.26 0.76 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Anika Therapeutics (ANIK)

Date Monthly Closing Price Open High Low Volume
08 Fri Nov 2024 17.26 17.18 17.73 16.10 0.83 times
31 Thu Oct 2024 17.11 24.64 25.65 16.00 1.314 times
30 Mon Sep 2024 24.70 25.42 26.00 24.15 1.203 times
30 Fri Aug 2024 25.70 27.30 27.50 24.74 1.063 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Anika Therapeutics (ANIK)

Indicator Name Indicator Value Indicator Signal
ADX 4, 45, 83 Sell
MACD -4, -3Sell
Stochastics 14Sell
CCI -49Buy
RSI 30Sell
OBV -580500Sell
VWAP 18Sell
ADL 0Sell
ROC -29Sell
Force Index 0Sell

Price action analysis of Anika Therapeutics ( (ANIK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Anika Therapeutics ( (ANIK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Anika Therapeutics ( (ANIK) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Anika Therapeutics ( (ANIK) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Anika Therapeutics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Anika Therapeutics in short term and the sell signal is strong.

Anika Therapeutics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Anika Therapeutics in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Anika Therapeutics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.67 and Anika Therapeutics (ANIK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Anika Therapeutics (ANIK) stock. Volume based technical analysis of Anika Therapeutics (ANIK) stock is negative.

Anika Therapeutics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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