Overall SAVA gets a technical rating of 2 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.
The technical rating of SAVA is bad and it also does not present a quality setup 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.
2.04
We found 5 important support areas.
We found 1 important resistance area.
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 | 12.04 | NEGATIVE | SAVA has a low relative strength, it was outperformed by 87.96% 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) | UP | MIXED | The current price of SAVA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for SAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SAVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.94 | OVERSOLD | The low Stochastics value suggests SAVA may be oversold. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for SAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for SAVA suggests a weak or negative trend. |
2.87
+0.24 (+9.13%)
ChartMill assigns a technical rating of 2 / 10 to SAVA.
The current trend direction for CASSAVA SCIENCES INC (SAVA) is Bearish.
CASSAVA SCIENCES INC (SAVA) has an RSI value of 43.2017. This indicates that the stock is currently neutral.
The MACD indicator for CASSAVA SCIENCES INC (SAVA) has a value of -0.0400954, indicating a bearish trend.
The short term momentum for CASSAVA SCIENCES INC (SAVA) is negative.