Taking everything into account, ARVN scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ARVN is only an average performer.
Although ARVN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
6.13
We found 3 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for ARVN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARVN is up. |
| ChartMill Relative Strength | 60.25 | NEUTRAL | ARVN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ARVN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ARVN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ARVN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.97 | NEUTRAL | The RSI value for ARVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ARVN has a positive trend. |
| Stochastics (14,3) | 54.82 | NEUTRAL | The Stochastics value for ARVN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for ARVN suggests high volalility. |
| Average Directional Index/ADX (14) | 36.97 | POSITIVE | The high ADX value value for ARVN suggests a strong trend. |
12.42
+0.3 (+2.48%)
ChartMill assigns a technical rating of 8 / 10 to ARVN.
The current trend direction for ARVINAS INC (ARVN) is Bullish.
ARVINAS INC (ARVN) has an RSI value of 63.9653. This indicates that the stock is currently neutral.
The short term momentum for ARVINAS INC (ARVN) is positive.
ARVINAS INC (ARVN) has a support level at 9.57 and a resistance level at 12.81. Check the full technical report for our detailed analysis of ARVN support and resistance levels.