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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 198700

Date Daily Closing Price Open High Low Volume
12 Tue Nov 2024 16.88 17.08 17.16 16.55 0.855 times
11 Mon Nov 2024 17.07 17.28 17.85 16.96 0.537 times
08 Fri Nov 2024 17.26 17.10 17.50 16.75 0.648 times
07 Thu Nov 2024 17.23 17.13 17.34 16.93 0.65 times
06 Wed Nov 2024 17.27 16.50 17.51 16.31 1.27 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.4, but if it comes above 17.4, then a intra day buy could be more profitable.
If you take a sell trade below 17.4, then use 17.4 as stoploss and 12.7 as target. However if you take a buy trade in stock , then use 17.4 as stoploss and 21.23 as target.

Share price targets for Anika Therapeutics (ANIK)

Target Type Value
Downside Target 16.00
Downside Target 16.55
Upside Target 17.56
Upside Target 24.15
Upside Target 24.74
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 16.34
Downside Intraday Target 15.79
Upside Intraday Target 17.64
Upside Intraday Target 18.39
Upside Intraday Target 17.09

Weekly technical analysis of Anika Therapeutics (ANIK)

Date Weekly Closing Price Open High Low Volume
12 Tue Nov 2024 16.88 17.28 17.85 16.55 0.29 times
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

Price has moved down 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
12 Tue Nov 2024 16.88 17.18 17.85 16.10 1.016 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 down 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 6, 42, 74 Sell
MACD -4, -3Sell
Stochastics 12Sell
CCI -47Sell
RSI 33Sell
OBV -860900Sell
VWAP 17Sell
ADL 0Sell
ROC -31Sell
Force Index 0Sell

Price action analysis of Anika Therapeutics ( (ANIK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Anika Therapeutics ( (ANIK) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Anika Therapeutics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 17.15 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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