Is Anika Therapeutics, Inc. technically bullish or bearish?

Jun 25 2025 08:20 AM IST
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As of June 11, 2025, Anika Therapeutics, Inc. is in a bearish trend, supported by bearish MACD signals, moving averages, and Bollinger Bands across multiple time frames, indicating continued bearish momentum.
As of 11 June 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a strong indication of weakness. The MACD is bearish on both the weekly and monthly time frames, and the moving averages on the daily chart also confirm a bearish outlook. Bollinger Bands indicate a bearish trend on the monthly and mildly bearish on the weekly. The KST is bearish across both time frames, while Dow Theory shows a mildly bearish stance on the weekly and monthly. Overall, the combination of these indicators suggests a continued bearish momentum for Anika Therapeutics, Inc.
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