ARVN Technical Analysis - ARVINAS INC

Technical Rating and Analysis

Taking everything into account, ARVN scores 6 out of 10 in our technical rating. ARVN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

89% of all other stocks performed better in the past year than ARVN.

ARVN is one of the lesser performing stocks in the Pharmaceuticals industry. 69% of 196 stocks in the same industry do better.

ARVN 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.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month ARVN has a been trading in the 7.35 - 10.08 range, which is quite wide. It is currently trading near the high of this range.

ARVN has an average volume of 1972280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ARVN has an average technical rating and it also does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.13

9.73

We found 2 important support areas.

Support @7.99 from a trend line in the daily time frame.
Support @6.19 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 9.63 to 9.63. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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 ARVN is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ARVN is up.
ChartMill Relative Strength	11.12	NEGATIVE	ARVN has a low relative strength, it was outperformed by 88.88% 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)	UP	POSITIVE	The current price of ARVN is above the rising 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)	81.28	OVERBOUGHT	The high RSI value suggests ARVN may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.19	POSITIVE	The MACD value suggests ARVN has a positive trend.
Stochastics (14,3)	90.43	OVERBOUGHT	The high Stochastics value suggests ARVN may be overbought.
Average True Range in percent/ATR (20)	4.46	MEDIUM VOLATILITY	The ATR as a percentage value for ARVN suggests some volalility.
Average Directional Index/ADX (14)	37.59	POSITIVE	The high ADX value value for ARVN suggests a strong trend.