Taking everything into account, SVRA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SVRA is showing a nice and steady performance.
Besides having an excellent technical rating, SVRA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.02, a Stop Loss order could be placed below this zone.
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4.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.02 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.99 from a trend line in the daily time frame.
- A support zone ranging from 4.35 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.41 to 6.48. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SVRA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SVRA is neutral. |
| ChartMill Relative Strength | 97.02 | POSITIVE | SVRA has a high relative strength, it outperformed 97.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SVRA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SVRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests SVRA has a negative trend. |
| Stochastics (14,3) | 25.91 | NEUTRAL | The Stochastics value for SVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.23 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.63 | POSITIVE | The high ADX value value for SVRA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.49 | 6.01 | 0.48 (7.40%) | 13.52% |
| An entry @6.49. This is a Buy Stop order right above the resistance zone. | An exit @6.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.48 points, which is 7.40%. | When investing 13.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SVRA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.03
-0.08 (-1.31%)
SAVARA INC / SVRA FAQ
Can you provide the ChartMill technical rating for SAVARA INC?
ChartMill assigns a technical rating of 9 / 10 to SVRA.
What is the trend direction for SVRA stock?
The current trend direction for SAVARA INC (SVRA) is Bullish.
What is the RSI signal for SVRA stock?
SAVARA INC (SVRA) has an RSI value of 51.1789. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SAVARA INC?
The short term momentum for SAVARA INC (SVRA) is neutral.