We assign a technical rating of 10 out of 10 to IVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IVA is showing a nice and steady performance.
Although IVA has an excellent technical rating, it 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.
More info and screens
3.85
When analyzing the support we can see 3 important areas.
- Support @4.42 from a trend line in the daily time frame.
- A support zone ranging from 4.13 to 4.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @5.11 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 IVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVA is up. |
| ChartMill Relative Strength | 94.78 | POSITIVE | IVA has a high relative strength, it outperformed 94.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IVA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.51 | NEUTRAL | The RSI value for IVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IVA has a positive trend. |
| Stochastics (14,3) | 74.46 | NEUTRAL | The Stochastics value for IVA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for IVA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.77 | NEUTRAL | The ADX value for IVA suggests a possible start of a new trend. |
4.92
-0.18 (-3.53%)
INVENTIVA SA - ADR / IVA FAQ
What is the ChartMill technical rating of INVENTIVA SA - ADR (IVA) stock?
ChartMill assigns a technical rating of 10 / 10 to IVA.
What is the trend direction for IVA stock?
The current trend direction for INVENTIVA SA - ADR (IVA) is Bullish.
What is the RSI signal for INVENTIVA SA - ADR (IVA) stock?
INVENTIVA SA - ADR (IVA) has an RSI value of 59.5106. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INVENTIVA SA - ADR?
The short term momentum for INVENTIVA SA - ADR (IVA) is positive.
What is the buy/sell signal for IVA stock?
The buy/sell signal for INVENTIVA SA - ADR (IVA) is buy as both the short term and long term trends are positive.