SAVARA INC (SVRA) Stock Technical Analysis
USA - NASDAQ:SVRA - US8051111016 - Common Stock
Overall SVRA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SVRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
SVRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SVRA in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.09 to 4.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.94 to 3.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.78 to 3.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.33 to 4.49. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SVRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SVRA is up. |
| ChartMill Relative Strength | 91.87 | POSITIVE | SVRA has a high relative strength, it outperformed 91.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVRA is above 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) | 60.18 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SVRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.85 | NEUTRAL | The Stochastics value for SVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.72 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.42 | 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 |
|---|---|---|---|
| 4.50 | 4.08 | 0.42 (9.33%) | 10.71% |
| An entry @4.50. This is a Buy Stop order right above the resistance zone. | An exit @4.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.42 points, which is 9.33%. | When investing 10.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
4.3
+0.04 (+0.94%)
SAVARA INC / SVRA FAQ
Can you provide the ChartMill technical rating for SAVARA INC?
ChartMill assigns a technical rating of 9 / 10 to SVRA.
Can you provide the trend direction for SAVARA INC?
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 60.1837. This indicates that the stock is currently neutral.
What is the MACD signal for SVRA stock?
The MACD indicator for SAVARA INC (SVRA) has a value of -0.0146434, indicating a bearish trend.
Can you provide the support and resistance levels for SAVARA INC?
SAVARA INC (SVRA) has a support level at 4.19 and a resistance level at 4.33. Check the full technical report for our detailed analysis of SVRA support and resistance levels.