LVTX Technical Analysis - LAVA THERAPEUTICS NV

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to LVTX. In the last year, LVTX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, LVTX is a bad performer in the overall market: 70% of all stocks are doing better.

In the last month LVTX has a been trading in the 1.44 - 1.64 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

LVTX is part of the Biotechnology industry. There are 534 other stocks in this industry, LVTX did better than 49% of them.

LVTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LVTX is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

LAVA THERAPEUTICS NV / LVTX Weekly stock chart

LAVA THERAPEUTICS NV / LVTX Daily stock chart

Setup Rating and Analysis

LVTX has an average technical rating and the quality of the presented setup is also not ideal 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.46

1.66

We found 2 important support areas.

A support zone ranging from 1.52 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 1.47 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 1.64 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 LVTX is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for LVTX is neutral.
ChartMill Relative Strength	30.07	NEUTRAL	LVTX is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of LVTX is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of LVTX is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of LVTX is above the rising SMA(200).
Relative Strength Index/RSI (14)	61.54	NEUTRAL	The RSI value for LVTX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests LVTX has a negative trend, although the MACD value is rising.
Stochastics (14,3)	45	NEUTRAL	The Stochastics value for LVTX is a neutral value.
Average True Range in percent/ATR (20)	3.68	MEDIUM VOLATILITY	The ATR as a percentage value for LVTX suggests some volalility.
Average Directional Index/ADX (14)	21.38	NEUTRAL	The ADX value for LVTX suggests a possible start of a new trend.