Overall SAVA gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 85% of all other stocks performed better in the past year than SAVA.
- SAVA is one of the lesser performing stocks in the Pharmaceuticals industry. 62% of 191 stocks in the same industry do better.
- SAVA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SAVA has a been trading in the 1.87 - 2.33 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.
Although the technical rating is bad, SAVA does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.96
We found 1 important support area.
- A support zone ranging from 1.98 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.21 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.32 to 2.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 15.02 | NEGATIVE | SAVA has a low relative strength, it was outperformed by 84.98% 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) | UP | MIXED | The current price of SAVA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.83 | NEUTRAL | The RSI value for SAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SAVA has a positive trend. |
| Stochastics (14,3) | 25.81 | NEUTRAL | The Stochastics value for SAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for SAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for SAVA suggests a possible start of a new trend. |
2.05
+0.02 (+0.99%)
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 45.8311. 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 0.0192778, indicating a bearish trend.
What is the support and resistance level for SAVA stock?
CASSAVA SCIENCES INC (SAVA) has a support level at 2 and a resistance level at 2.21. Check the full technical report for our detailed analysis of SAVA support and resistance levels.