Taking everything into account, PVLA scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that PVLA is one of the better performing stocks in the market, outperforming 99% of all 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 525 other stocks in this industry. PVLA outperforms 98% 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 82.38 - 114.69 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.
Besides having an excellent technical rating, PVLA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
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87.56
3 important support areas can be observed.
- Support @93.89 from a trend line in the daily time frame.
- A support zone ranging from 91.23 to 92.41. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 88.44 to 88.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @105.30 from a horizontal line 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 | NEUTRAL | NEUTRAL | The short term trend for PVLA is neutral. |
| ChartMill Relative Strength | 99.58 | POSITIVE | PVLA has a high relative strength, it outperformed 99.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PVLA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PVLA is below 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) | 46.46 | NEUTRAL | The RSI value for PVLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests PVLA has a negative trend. |
| Stochastics (14,3) | 62.12 | NEUTRAL | The Stochastics value for PVLA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.84 | HIGH VOLATILITY | The high ATR as a percentage value for PVLA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.01 | POSITIVE | The high ADX value value for PVLA suggests a strong trend. |
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 |
|---|---|---|---|
| 105.31 | 93.88 | 11.43 (10.85%) | 9.21% |
| An entry @105.31. This is a Buy Stop order right above the resistance zone. | An exit @93.88. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.43 points, which is 10.85%. | When investing 9.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
93.92
-4.09 (-4.17%)
PALVELLA THERAPEUTICS INC / PVLA FAQ
What is the ChartMill technical rating of PALVELLA THERAPEUTICS INC (PVLA) stock?
ChartMill assigns a technical rating of 9 / 10 to PVLA.
What is the trend direction for PVLA stock?
The current trend direction for PALVELLA THERAPEUTICS INC (PVLA) is Bullish.
What is the RSI signal for PALVELLA THERAPEUTICS INC (PVLA) stock?
PALVELLA THERAPEUTICS INC (PVLA) has an RSI value of 46.4631. This indicates that the stock is currently neutral.
What is the support and resistance level for PVLA stock?
PALVELLA THERAPEUTICS INC (PVLA) has a support level at 93.89 and a resistance level at 105.3. Check the full technical report for our detailed analysis of PVLA support and resistance levels.