We assign a technical rating of 0 out of 10 to SAVA. SAVA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SAVA has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
1.95
2 important support areas can be observed.
- A support zone ranging from 2.08 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.97 to 2.00. 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.
- Resistance @2.19 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 | DOWN | NEGATIVE | The short term trend for SAVA is down. |
| ChartMill Relative Strength | 9.08 | NEGATIVE | SAVA has a low relative strength, it was outperformed by 90.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAVA is below a declining 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) | 37.31 | NEUTRAL | The RSI value for SAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SAVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.48 | OVERSOLD | The low Stochastics value suggests SAVA may be oversold. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for SAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.08 | POSITIVE | The high ADX value value for SAVA suggests a strong trend. |
2.14
-0.04 (-1.83%)
CASSAVA SCIENCES INC / SAVA FAQ
What is the ChartMill technical rating of CASSAVA SCIENCES INC (SAVA) stock?
ChartMill assigns a technical rating of 0 / 10 to SAVA.
What is the current trend direction of CASSAVA SCIENCES INC (SAVA) stock?
The current trend direction for CASSAVA SCIENCES INC (SAVA) is Bearish.
What is the RSI signal for SAVA stock?
CASSAVA SCIENCES INC (SAVA) has an RSI value of 37.3091. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CASSAVA SCIENCES INC?
The MACD indicator for CASSAVA SCIENCES INC (SAVA) has a value of -0.00118643, indicating a bearish trend.
What is the support and resistance level for SAVA stock?
CASSAVA SCIENCES INC (SAVA) has a support level at 2.11 and a resistance level at 2.19. Check the full technical report for our detailed analysis of SAVA support and resistance levels.