PALVELLA THERAPEUTICS INC (PVLA) Stock Technical Analysis
NASDAQ:PVLA - Nasdaq - US6979471090 - Common Stock - Currency: USD
Taking everything into account, PVLA scores 5 out of 10 in our technical rating. Although PVLA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, PVLA is a bad performer in the overall market: 100% of all stocks are doing better.
PVLA is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 92% are performing better than PVLA.
The long and short term trends are both positive. This is looking good!
In the last month PVLA has a been trading in the 20.37 - 25.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PVLA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.78. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PVLA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.54
25.14
4 important support areas can be observed.
- A support zone ranging from 22.57 to 23.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.20 from a trend line in the daily time frame.
- Support @21.76 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.75 to 21.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.78 to 24.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 0 | NEGATIVE | PVLA 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 PVLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PVLA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.23 | NEUTRAL | The RSI value for PVLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests PVLA has a positive trend. |
| Stochastics (14,3) | 80.16 | OVERBOUGHT | The high Stochastics value suggests PVLA may be overbought. |
| Average True Range in percent/ATR (20) | 7.53 | HIGH VOLATILITY | The high ATR as a percentage value for PVLA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.3 | NEGATIVE | The low ADX value for PVLA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24.13
-0.65 (-2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.62%
1 Week9.14%
2 Weeks11.66%
1 Month0.17%
3 Month24.57%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.91
ATR(20)%7.53%
ATR Inc-25.41%
Range Today1.37
ADR(20)1.78
ADR(20)%7.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High25.5
10 Day Low21.51
20 Day High25.5
20 Day Low20.37
52 Week HighN/A
52 Week LowN/A
CS1 End23.23
CR1 Start24.78
Volume & EV
DER(3)13.11%
DER(5)8.28%
Volume83.90K
Volume Incr18.81%
Vol(5)71.98K
Vol(50)82.44K