Overall IVA gets a technical rating of 10 out of 10. 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 present a decent entry opportunity 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.
3.98
4 important support areas can be observed.
We found 1 important resistance area.
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 | 96.78 | POSITIVE | IVA has a high relative strength, it outperformed 96.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IVA is below the rising 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) | 50.36 | NEUTRAL | The RSI value for IVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests IVA has a negative trend. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests IVA may be oversold. |
| Average True Range in percent/ATR (20) | 6.78 | HIGH VOLATILITY | The high ATR as a percentage value for IVA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.49 | POSITIVE | The high ADX value value for IVA suggests a strong trend. |
5.88
+0.08 (+1.38%)
ChartMill assigns a technical rating of 10 / 10 to IVA.
The current trend direction for INVENTIVA SA - ADR (IVA) is Bullish.
INVENTIVA SA - ADR (IVA) has an RSI value of 50.3583. This indicates that the stock is currently neutral.
The short term momentum for INVENTIVA SA - ADR (IVA) is neutral.