Taking everything into account, SAVAW scores 0 out of 10 in our technical rating. SAVAW'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.
SAVAW 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.
0.03
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 SAVAW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAVAW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SAVAW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAVAW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAVAW is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 28.59 | OVERSOLD | The low RSI value suggests SAVAW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SAVAW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.64 | OVERSOLD | The low Stochastics value suggests SAVAW may be oversold. |
| Average True Range in percent/ATR (20) | 2585.32 | HIGH VOLATILITY | The high ATR as a percentage value for SAVAW suggests high volalility. |
| Average Directional Index/ADX (14) | 33.28 | POSITIVE | The high ADX value value for SAVAW suggests a strong trend. |
0.03
-0.1 (-76.11%)
ChartMill assigns a technical rating of 0 / 10 to SAVAW.
The current trend direction for CASSAVA SCIENCES INC-28 (SAVAW) is Bearish.
CASSAVA SCIENCES INC-28 (SAVAW) has an RSI value of 28.5935. This indicates that the stock is currently oversold.
The buy/sell signal for CASSAVA SCIENCES INC-28 (SAVAW) is sell as both the short term and long term trends are negative.