Technical Analysis for ANIK - Anika Therapeutics Inc.

Grade Last Price % Change Price Change
C 25.60 -1.84% -0.48
ANIK closed up 1.91 percent on Wednesday, May 15, 2024, on 67 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish -1.84%
Crossed Above 50 DMA Bullish -1.84%
Stochastic Buy Signal Bullish -1.84%
Calm After Storm Range Contraction -1.84%
Oversold Stochastic Weakness -1.84%
50 DMA Resistance Bearish 0.04%
Calm After Storm Range Contraction 0.04%
Narrow Range Bar Range Contraction 0.04%
Oversold Stochastic Weakness 0.04%
Calm After Storm Range Contraction 0.16%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 1 hour ago
50 DMA Support about 2 hours ago
60 Minute Opening Range Breakdown about 4 hours ago
Fell Below 50 DMA about 4 hours ago
Down 1% about 4 hours ago

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Profile

Anika Therapeutics Inc. Description

Anika Therapeutics, Inc., together with its subsidiaries, develops, manufactures, and commercializes therapeutic products for tissue protection, healing, and repair. Its products are based on hyaluronic acid (HA), a naturally occurring biocompatible polymer found in the body. The company's products include ORTHOVISC, ORTHOVISC mini, and MONOVISC for the treatment of osteoarthritis of the knee and various other joints; Hyalofast, a biodegradable support for human bone marrow mesenchymal stem cells that is used in connection with soft tissue regeneration; Hyalonect, a woven gauze used as a graft wrap; Hyaloss, HYAFF fibers used to mix blood/bone grafts to form a paste for bone regeneration; and Hyaloglide, an ACP gel used in tenolysis treatment. It also provides wound care products that comprise Hyalomatrix and Hyalofill, for treatment of complex wounds, such as burns and ulcers; and Hyalograft 3D and Laserskin scaffolds for use in connection with the regeneration of skin, as well as ELEVESS, an aesthetic dermatology product for facial wrinkles and scar remediation. In addition, the company offers AMVISC, AMVISC Plus, STAARVISC-II, Optivisc, AnikaVisc, and AnikaVisc Plus that are injectable HA products used as viscoelastic agents in ophthalmic surgical procedures, such as cataract extraction and intraocular lens implantation. Further, it provides Hyalobarrier, a post-operative adhesion barrier; INCERT, a HA product for the prevention of spinal post-surgical adhesions; and Merogel, a woven fleece nasal packing, as well as Merogel Injectable, a viscous hydrogel. Additionally, the company offers HYVISC, an injectable HA product used for the treatment of joint dysfunction in horses. Anika Therapeutics, Inc. markets its products directly, as well as through a network of distributors in the United States, Europe, and internationally. Anika Therapeutics, Inc. was founded in 1983 and is headquartered in Bedford, Massachusetts.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Acid Laser Bone Stem Cell Ophthalmic Dermatology Therapeutic Products Dysfunction Wound Knee Osteoarthritis Ulcer Healing Burns Cataracts Bone Marrow Treatment Of Osteoarthritis Wrinkle Bone Grafting Intraocular Lens Mesenchymal Stem Cell Wound Care Products Hyaluronic Acid Oral And Maxillofacial Surgery Glycosaminoglycans Joint Dysfunction Scar Therapeutic

Is ANIK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 28.6691
52 Week Low 16.57
Average Volume 77,260
200-Day Moving Average 22.23
50-Day Moving Average 25.85
20-Day Moving Average 26.32
10-Day Moving Average 26.80
Average True Range 0.85
RSI (14) 49.24
ADX 18.32
+DI 27.32
-DI 22.95
Chandelier Exit (Long, 3 ATRs) 26.12
Chandelier Exit (Short, 3 ATRs) 27.69
Upper Bollinger Bands 28.33
Lower Bollinger Band 24.31
Percent B (%b) 0.44
BandWidth 15.28
MACD Line 0.12
MACD Signal Line 0.28
MACD Histogram -0.1659
Fundamentals Value
Market Cap 381.83 Million
Num Shares 14.6 Million
EPS -1.68
Price-to-Earnings (P/E) Ratio -15.52
Price-to-Sales 2.15
Price-to-Book 1.30
PEG Ratio 3.19
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.81
Resistance 3 (R3) 27.83 27.29 27.52
Resistance 2 (R2) 27.29 26.85 27.27 27.42
Resistance 1 (R1) 26.68 26.58 26.99 26.66 27.33
Pivot Point 26.14 26.14 26.29 26.12 26.14
Support 1 (S1) 25.53 25.70 25.84 25.51 24.83
Support 2 (S2) 24.99 25.43 24.97 24.74
Support 3 (S3) 24.38 24.99 24.64
Support 4 (S4) 24.36