CASSAVA SCIENCES INC (SAVA) Stock Technical Analysis
NASDAQ:SAVA - Nasdaq - US14817C1071 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to SAVA. Recently some decent action could be observed, but in the medium term time frame this is still negative. SAVA was also a bad performer in the overall market in the last year.
93% of all other stocks performed better in the past year than SAVA.
SAVA is part of the Pharmaceuticals industry. There are 193 other stocks in this industry, of which 71% are performing better than SAVA.
SAVA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month SAVA has a been trading in the 2.04 - 2.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SAVA does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SAVA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.99
2.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.09 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @2.36 from a horizontal line in the weekly time frame.
- Resistance @2.45 from a horizontal line in the daily time frame.
- Resistance @2.68 from a trend line in the daily time frame.
- Resistance @2.78 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 | DOWN | NEGATIVE | The long term trend for SAVA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SAVA is up. |
| ChartMill Relative Strength | 7.34 | NEGATIVE | SAVA has a low relative strength, it was outperformed by 92.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SAVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.94 | NEUTRAL | The RSI value for SAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SAVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.31 | NEUTRAL | The Stochastics value for SAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for SAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.16 | NEUTRAL | The ADX value for SAVA suggests a possible start of a new 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)
NASDAQ:SAVA (8/7/2025, 9:51:08 AM)
2.35
+0.01 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.43%
1 Week8.33%
2 Weeks-13.33%
1 Month6.85%
3 Month32.2%
6 Month3.08%
12 Month-89.29%
2 Year-88.84%
3 Year-90.91%
5 Year-25.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%7%
ATR Inc7.21%
Range Today0.05
ADR(20)0.16
ADR(20)%6.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.34
Mansfield-7.79
10 Day High2.67
10 Day Low2.05
20 Day High2.72
20 Day Low2.04
52 Week High33.98
52 Week Low1.15
CS1 End2.16
CR1 Start2.36
Volume & EV
DER(3)9.65%
DER(5)6.05%
Volume49.83K
Volume Incr11.13%
Vol(5)946.14K
Vol(50)967.49K