INNOVIVA INC (INVA) Technical Analysis
NASDAQ:INVA • US45781M1018
We assign a technical rating of 7 out of 10 to INVA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, INVA is only an average performer.
- In the last month INVA has a been trading in the 21.26 - 25.14 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, INVA did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- INVA is an average performer in the Pharmaceuticals industry, it outperforms 65% of 193 stocks in the same industry.
- INVA 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 INVA is lagging the market slightly.
INVA has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
17.11
4 important support areas can be observed.
- Support @20.61 from a trend line in the weekly time frame.
- A support zone ranging from 19.31 to 19.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.94 from a trend line in the weekly time frame.
- Support @17.28 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @24.24 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 | UP | POSITIVE | The long term trend for INVA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INVA is neutral. |
| ChartMill Relative Strength | 77.84 | POSITIVE | INVA has a high relative strength, it outperformed 77.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INVA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.53 | NEUTRAL | The RSI value for INVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests INVA has a negative trend. |
| Stochastics (14,3) | 11.76 | OVERSOLD | The low Stochastics value suggests INVA may be oversold. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for INVA suggests some volalility. |
| Average Directional Index/ADX (14) | 39.64 | POSITIVE | The high ADX value value for INVA suggests a strong trend. |
INVA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:INVA (3/9/2026, 10:40:04 AM)
21.77
-0.26 (-1.18%)
INNOVIVA INC / INVA FAQ
Can you provide the ChartMill technical rating for INNOVIVA INC?
ChartMill assigns a technical rating of 7 / 10 to INVA.
Can you provide the trend direction for INNOVIVA INC?
The current trend direction for INNOVIVA INC (INVA) is Bullish.
What is the RSI signal for INVA stock?
INNOVIVA INC (INVA) has an RSI value of 47.5255. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INNOVIVA INC?
The MACD indicator for INNOVIVA INC (INVA) has a value of -0.24949, indicating a bearish trend.