INVENTIVA SA - ADR (IVA) Technical Analysis
NASDAQ:IVA • US46124U1079
Overall IVA gets a technical rating of 9 out of 10. In the last year, IVA was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, IVA did better than 95% of all other stocks. On top of that, IVA also shows a nice and consistent pattern of rising prices.
- IVA is part of the Biotechnology industry. There are 519 other stocks in this industry. IVA outperforms 84% of them.
- IVA 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 IVA is lagging the market slightly.
- In the last month IVA has a been trading in the 5.87 - 7.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
IVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.12, a Stop Loss order could be placed below this zone.
More info and screens
4.15
We found 3 important support areas.
- A support zone ranging from 6.01 to 6.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.55 from a trend line in the daily time frame.
- Support @4.19 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.66 to 6.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for IVA is neutral. |
| ChartMill Relative Strength | 95.14 | POSITIVE | IVA has a high relative strength, it outperformed 95.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVA is above the rising 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) | 47.62 | NEUTRAL | The RSI value for IVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IVA has a negative trend. |
| Stochastics (14,3) | 49.79 | NEUTRAL | The Stochastics value for IVA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for IVA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.71 | NEGATIVE | The low ADX value for IVA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.29 | 6.00 | 0.29 (4.66%) | 21.48% |
| An entry @6.29. This is a Buy Stop order right above the 10 day moving average. | An exit @6.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.29 points, which is 4.66%. | When investing 21.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IVA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IVA Technicals: Chart, Performance Metrics, Trend & Indicators
6.17
-0.46 (-6.94%)
INVENTIVA SA - ADR / IVA FAQ
What is the ChartMill technical rating of INVENTIVA SA - ADR (IVA) stock?
ChartMill assigns a technical rating of 9 / 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 47.6234. 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 neutral.