SAVARA INC (SVRA) Stock Technical Analysis
NASDAQ:SVRA - Nasdaq - US8051111016 - Common Stock - Currency: USD
Overall SVRA gets a technical rating of 0 out of 10. SVRA'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SVRA is a bad performer in the overall market: 87% of all stocks are doing better.
SVRA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SVRA is lagging the market.
In the last month SVRA has a been trading in the 1.89 - 3.56 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SVRA has an average volume of 1615670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SVRA is an average performer in the Biotechnology industry, it outperforms 51% of 560 stocks in the same industry.
The technical rating of SVRA 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.
More info and screens
2.26
3.29
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.87 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.98 from a trend line in the daily time frame.
- A resistance zone ranging from 3.25 to 3.26. 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 | DOWN | NEGATIVE | The long term trend for SVRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SVRA is down. |
| ChartMill Relative Strength | 13.98 | NEGATIVE | SVRA has a low relative strength, it was outperformed by 86.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SVRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.2 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SVRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.7 | NEUTRAL | The Stochastics value for SVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.25 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.36 | NEUTRAL | The ADX value for SVRA suggests a possible start of a new trend. |
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)
2.28
+0.04 (+1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.79%
1 Week-22.18%
2 Weeks-26.69%
1 Month-30.06%
3 Month-8.43%
6 Month-32.14%
12 Month-44.25%
2 Year-17.09%
3 Year74.05%
5 Year-6.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%12.25%
ATR Inc-4.69%
Range Today0.22
ADR(20)0.24
ADR(20)%10.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.98
Mansfield-3.67
10 Day High3.2
10 Day Low1.89
20 Day High3.56
20 Day Low1.89
52 Week High5.11
52 Week Low1.89
CS1 EndN/A
CR1 Start2.87
Volume & EV
DER(3)7.29%
DER(5)4.2%
Volume2.15M
Volume Incr733.77%
Vol(5)7.06M
Vol(50)1.62M