ANNOVIS BIO (ANVS) Stock Technical Analysis
NYSE:ANVS - New York Stock Exchange, Inc. - US03615A1088 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ANVS. ANVS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
77% of all other stocks performed better in the past year than ANVS.
ANVS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ANVS is an average performer in the Biotechnology industry, it outperforms 56% of 556 stocks in the same industry.
In the last month ANVS has a been trading in the 2.05 - 2.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ANVS has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.32
2.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.52 to 2.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.34 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.71 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.87 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ANVS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANVS is neutral. |
| ChartMill Relative Strength | 23.88 | NEGATIVE | ANVS has a low relative strength, it was outperformed by 76.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ANVS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANVS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ANVS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.49 | NEUTRAL | The RSI value for ANVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ANVS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.72 | NEUTRAL | The Stochastics value for ANVS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.34 | HIGH VOLATILITY | The high ATR as a percentage value for ANVS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.21 | POSITIVE | The high ADX value value for ANVS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.66
+0.09 (+3.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.5%
1 Week-2.92%
2 Weeks-2.21%
1 Month-13.07%
3 Month69.43%
6 Month-45.93%
12 Month-75.73%
2 Year-80.71%
3 Year-76.87%
5 Year-54.14%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.34%
ATR Inc-39.04%
Range Today0.17
ADR(20)0.23
ADR(20)%8.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.88
Mansfield-4.89
10 Day High2.97
10 Day Low2.52
20 Day High2.97
20 Day Low2.05
52 Week High11.29
52 Week Low1.11
CS1 End2.52
CR1 Start2.71
Volume & EV
DER(3)0.12%
DER(5)-3.18%
Volume370.25K
Volume Incr-28.67%
Vol(5)313.20K
Vol(50)485.73K