SINOVAC BIOTECH LTD (SVA) Stock Technical Analysis
NASDAQ:SVA - Nasdaq - AGP8696W1045 - Common Stock - Currency: USD
Overall SVA gets a technical rating of 1 out of 10. SVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
86% of all other stocks performed better in the past year than SVA.
SVA 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 SVA has a been trading in the 6.25 - 6.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: SVA has an average volume of 13382 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, SVA does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
5.66
7.36
3 important support areas can be observed.
- Support @6.46 from a trend line in the daily time frame.
- Support @5.85 from a trend line in the weekly time frame.
- A support zone ranging from 5.72 to 5.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.50 to 6.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.01 from a trend line in the weekly time frame.
- Resistance @7.29 from a trend line in the weekly 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 SVA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SVA is neutral. |
| ChartMill Relative Strength | 14.13 | NEGATIVE | SVA has a low relative strength, it was outperformed by 85.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SVA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.31 | NEUTRAL | The RSI value for SVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.98 | NEUTRAL | The Stochastics value for SVA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for SVA suggests some volalility. |
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:SVA (2/22/2019, 8:00:00 PM)
6.47
-0.02 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.31%
1 Week-2.71%
2 Weeks-0.77%
1 Month0.15%
3 Month-10.14%
6 Month2.54%
12 Month-21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%2.67%
ATR Inc22.13%
Range Today0.33
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.13
Mansfield-1.49
10 Day High6.69
10 Day Low6.25
20 Day High6.69
20 Day Low6.25
52 Week High8.75
52 Week Low5.73
CS1 End6.46
CR1 Start6.5
Volume & EV
DER(3)0.63%
DER(5)-1.87%
Volume8.20K
Volume Incr181.32%
Vol(5)15.74K
Vol(50)13.38K