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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 69443

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 25.40 25.50 25.52 25.18 0.585 times
16 Thu May 2024 25.50 26.20 26.27 25.50 0.508 times
15 Wed May 2024 26.08 25.80 26.74 25.59 0.736 times
14 Tue May 2024 25.59 25.56 25.88 25.48 0.56 times
13 Mon May 2024 25.56 25.60 25.70 25.40 1.148 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.3 as stoploss in an intra day buy trade for a target of 26.3. However, stock will show a bearish move below 25.3.

Share price targets for Anika Therapeutics (ANIK)

Target Type Value
Downside Target 21.00
Downside Target 21.66
Downside Target 22.82
Downside Target 24.90
Upside Target 26.16
Upside Target 26.33
Upside Target 26.74
Upside Target 26.85
Upside Target 27.31
Upside Target 28.19
Upside Target 28.67

Intraday share price targets for Anika Therapeutics (ANIK)

Target Type Value
Downside Intraday Target 24.81
Downside Intraday Target 24.21
Upside Intraday Target 26.37
Upside Intraday Target 27.33
Upside Intraday Target 25.77

Weekly technical analysis of Anika Therapeutics (ANIK)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 25.40 25.60 26.74 25.18 0.547 times
10 Fri May 2024 25.63 27.64 28.67 25.14 1.542 times
03 Fri May 2024 27.59 25.55 28.19 25.55 1.531 times
26 Fri Apr 2024 25.57 25.83 26.16 25.45 0.691 times
19 Fri Apr 2024 25.84 25.10 25.97 24.97 1.265 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
17 Fri May 2024 25.40 25.96 28.67 25.14 0.716 times
30 Tue Apr 2024 25.89 25.37 26.85 24.90 0.597 times
28 Thu Mar 2024 25.40 24.22 27.31 21.00 1.366 times
29 Thu Feb 2024 24.28 23.58 26.33 22.82 0.953 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 25, 25, 0 Sell
MACD 0, 0Sell
Stochastics 15Sell
CCI -74Sell
RSI 43Sell
OBV 137147Sell
VWAP 26Sell
ADL 0Sell
ROC -8Sell
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 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 short to mid 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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 positive zone. This is a BUY 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 26.18 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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