Anika Therapeutics (ANIK, $18.85) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 24, 2023

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ANIK - Anika Therapeutics
MACD signal
Bearish Trend
72%
Odds of DOWN Trend
Price: $18.85
Daily change: +$0.25 (+1.34%)
Daily volume: 68.2K
Industry: Medical Specialties

This is a Bearish indicator signaling ANIK's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 54 similar cases where ANIK's MACD histogram became negative, and 39 of them led to successful outcomes. Odds of Success: 72%.