We assign a technical rating of 2 out of 10 to INVA. INVA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, INVA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
16.93
We found 4 important support areas.
We can see 2 important resistance areas.
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 INVA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INVA is down. |
| ChartMill Relative Strength | 67.28 | NEUTRAL | INVA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of INVA is below 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) | 46.9 | NEUTRAL | The RSI value for INVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INVA has a positive trend. |
| Stochastics (14,3) | 54.47 | NEUTRAL | The Stochastics value for INVA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for INVA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.51 | POSITIVE | The high ADX value value for INVA suggests a strong trend. |
19.76
+0.02 (+0.1%)
ChartMill assigns a technical rating of 2 / 10 to INVA.
The current trend direction for INNOVIVA INC (INVA) is Bearish.
INNOVIVA INC (INVA) has an RSI value of 46.9001. This indicates that the stock is currently neutral.
The MACD indicator for INNOVIVA INC (INVA) has a value of 0.01221, indicating a bearish trend.