PALVELLA THERAPEUTICS INC (PVLA) Technical Analysis
NASDAQ:PVLA • US6979471090
Current stock price
PVLA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PVLA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PVLA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, PVLA did better than 98% of all other stocks. We also observe that the gains produced by PVLA over the past year are nicely spread over this period.
- PVLA is part of the Biotechnology industry. There are 516 other stocks in this industry. PVLA outperforms 93% of them.
- PVLA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PVLA is lagging the market slightly.
- In the last month PVLA has a been trading in the 108.63 - 134.01 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.
PVLA Weekly and Daily overview Charts
PVLA Setup Rating and Analysis
PVLA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 125.52. Right above this resistance zone may be a good entry point.
More info and screens
PVLA Support and Resistance Analysis
90.17
We found 3 important support areas.
- A support zone ranging from 121.05 to 122.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 110.66 to 112.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.08 to 91.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 125.52 to 127.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @130.21 from a horizontal line in the daily time frame.
PVLA 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 | UP | POSITIVE | The long term trend for PVLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PVLA is up. |
| ChartMill Relative Strength | 98.64 | POSITIVE | PVLA has a high relative strength, it outperformed 98.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PVLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PVLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PVLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.44 | NEUTRAL | The RSI value for PVLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests PVLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.14 | NEUTRAL | The Stochastics value for PVLA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for PVLA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.74 | NEUTRAL | The ADX value for PVLA suggests a possible start of a new trend. |
PVLA Chart- and CandleStick Pattern Analysis
PVLA Example Setup
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 |
|---|---|---|---|
| 127.08 | 121.04 | 6.04 (4.75%) | 21.04% |
| An entry @127.08. This is a Buy Stop order right above the resistance zone. | An exit @121.04. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 6.04 points, which is 4.75%. | For a 1.00% total portfolio risk, you can invest 21.04% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PVLA. 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.
PVLA Technicals: Chart, Performance Metrics, Trend & Indicators
124.18
-4.45 (-3.46%)
PALVELLA THERAPEUTICS INC / PVLA TA FAQ
What is the ChartMill technical rating of PALVELLA THERAPEUTICS INC (PVLA) stock?
ChartMill assigns a technical rating of 10 / 10 to PVLA.
Can you provide the trend direction for PALVELLA THERAPEUTICS INC?
The current trend direction for PALVELLA THERAPEUTICS INC (PVLA) is Bullish.
Can you provide the RSI signal for PALVELLA THERAPEUTICS INC?
PALVELLA THERAPEUTICS INC (PVLA) has an RSI value of 52.4431. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PALVELLA THERAPEUTICS INC?
The short term momentum for PALVELLA THERAPEUTICS INC (PVLA) is positive.
What is the buy/sell signal for PVLA stock?
The buy/sell signal for PALVELLA THERAPEUTICS INC (PVLA) is buy as both the short term and long term trends are positive.