MTVA Technical Analysis - METAVIA INC

Technical Rating and Analysis

Overall MTVA gets a technical rating of 6 out of 10. In the last year, MTVA 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, MTVA is a bad performer in the overall market: 100% of all stocks are doing better.

MTVA is part of the Biotechnology industry. There are 540 other stocks in this industry, of which 92% are performing better than MTVA.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

MTVA has an average volume of 2099670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month MTVA has a been trading in the 0.62 - 1.73 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

MTVA has an average technical rating and it also 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.96

1.46

2 important resistance areas can be observed.

A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @1.45 from a trend line in the daily time frame.

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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 MTVA is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MTVA is up.
ChartMill Relative Strength	0	NEGATIVE	MTVA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MTVA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of MTVA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MTVA is below a declining SMA(200).
Relative Strength Index/RSI (14)	55.02	NEUTRAL	The RSI value for MTVA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests MTVA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	32.37	NEUTRAL	The Stochastics value for MTVA is a neutral value.
Average True Range in percent/ATR (20)	14.14	HIGH VOLATILITY	The high ATR as a percentage value for MTVA suggests high volalility.
Average Directional Index/ADX (14)	45.72	POSITIVE	The high ADX value value for MTVA suggests a strong trend.