ARVINAS INC (ARVN) Stock Technical Analysis
NASDAQ:ARVN - Nasdaq - US04335A1051 - Common Stock - Currency: USD
Overall ARVN gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ARVN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ARVN is a bad performer in the overall market: 95% of all stocks are doing better.
ARVN is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 76% are performing better than ARVN.
ARVN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ARVN has an average volume of 2539560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month ARVN has a been trading in the 7.09 - 8.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ARVN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 7.78, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
6.13
15.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.68 to 7.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.29 to 7.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.19 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @7.96 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.24 to 8.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.34 from a trend line in the weekly 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 ARVN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ARVN is up. |
| ChartMill Relative Strength | 5.9 | NEGATIVE | ARVN has a low relative strength, it was outperformed by 94.1% off all stocks 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) | DOWN | MIXED | The current price of ARVN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARVN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.76 | NEUTRAL | The RSI value for ARVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ARVN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.13 | NEUTRAL | The Stochastics value for ARVN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for ARVN suggests high volalility. |
| Average Directional Index/ADX (14) | 9.07 | NEGATIVE | The low ADX value for ARVN suggests a weak or negative 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)
7.79
-0.1 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.27%
1 Week-2.01%
2 Weeks-0.13%
1 Month1.56%
3 Month12.09%
6 Month-58.16%
12 Month-73.02%
2 Year-68.49%
3 Year-85.33%
5 Year-75.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.09%
ATR Inc-8.46%
Range Today0.25
ADR(20)0.39
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.9
Mansfield-5.94
10 Day High8.31
10 Day Low7.3
20 Day High8.31
20 Day Low7.09
52 Week High34.11
52 Week Low5.9
CS1 End7.78
CR1 Start7.96
Volume & EV
DER(3)-0.72%
DER(5)0.21%
Volume1.28M
Volume Incr4.11%
Vol(5)2.03M
Vol(50)2.54M