ANNOVIS BIO (ANVS) Technical Analysis
NYSE:ANVS • US03615A1088
Current stock price
ANVS Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ANVS. Although ANVS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month ANVS has a been trading in the 2.28 - 3.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, ANVS did better than 75% of all other stocks. However, we also see that ANVS couldn't keep up this performance in the last couple of months.
- ANVS is part of the Biotechnology industry. There are 517 other stocks in this industry, ANVS did better than 58% of them.
- ANVS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ANVS is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
ANVS Weekly and Daily overview Charts
ANVS Setup Rating and Analysis
ANVS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ANVS Support and Resistance Analysis
2.12
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.56 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.51 from a trend line in the daily time frame.
- A support zone ranging from 2.36 to 2.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.14 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.61 to 2.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.69 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.89 from a horizontal line in the daily time frame.
- Resistance @3.53 from a trend line in the weekly time frame.
ANVS Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ANVS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANVS is neutral. |
| ChartMill Relative Strength | 75.39 | POSITIVE | ANVS has a high relative strength, it outperformed 75.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ANVS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ANVS is below a declining 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) | 48.83 | NEUTRAL | The RSI value for ANVS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ANVS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.83 | NEUTRAL | The Stochastics value for ANVS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.96 | HIGH VOLATILITY | The high ATR as a percentage value for ANVS suggests high volalility. |
| Average Directional Index/ADX (14) | 12.69 | NEGATIVE | The low ADX value for ANVS suggests a weak or negative trend. |
ANVS Chart- and CandleStick Pattern Analysis
ANVS Technicals: Chart, Performance Metrics, Trend & Indicators
2.6
-0.07 (-2.62%)
ANNOVIS BIO / ANVS TA FAQ
Can you provide the ChartMill technical rating for ANNOVIS BIO?
ChartMill assigns a technical rating of 4 / 10 to ANVS.
What is the current trend direction of ANNOVIS BIO (ANVS) stock?
The current trend direction for ANNOVIS BIO (ANVS) is Bearish.
What is the RSI signal for ANVS stock?
ANNOVIS BIO (ANVS) has an RSI value of 48.8283. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ANNOVIS BIO?
The MACD indicator for ANNOVIS BIO (ANVS) has a value of 0.0217536, indicating a bearish trend.