SAVARA INC (SVRA) Stock Technical Analysis
NASDAQ:SVRA - US8051111016 - Common Stock
3.31 USD
+0.03 (+0.91%)
3.31 USD
0 (0%)
Taking everything into account, SVRA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SVRA is only an average performer.
The long and short term trends are both positive. This is looking good!
SVRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SVRA has an average volume of 1312440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SVRA turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
SVRA is part of the Biotechnology industry. There are 542 other stocks in this industry, SVRA did better than 63% of them.
SVRA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SVRA is lagging the market.
Although SVRA has an excellent technical rating, the quality of the presented setup is not ideal 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
2.23
3.44
3 important support areas can be observed.
- A support zone ranging from 3.30 to 3.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.80 to 2.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.25 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.40 to 3.41. 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 | 50.32 | NEUTRAL | SVRA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SVRA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.01 | OVERBOUGHT | The high RSI value suggests SVRA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SVRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.18 | OVERBOUGHT | The high Stochastics value suggests SVRA may be overbought. |
| Average True Range in percent/ATR (20) | 5.85 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.85 | POSITIVE | The high ADX value value for SVRA suggests a strong 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)
3.31
+0.03 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.91%
1 Week5.41%
2 Weeks8.52%
1 Month28.79%
3 Month35.66%
6 Month27.31%
12 Month-25.11%
2 Year-12.43%
3 Year113.55%
5 Year203.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.85%
ATR Inc-35.46%
Range Today0.15
ADR(20)0.19
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.32
Mansfield0.08
10 Day High3.38
10 Day Low2.92
20 Day High3.38
20 Day Low2.43
52 Week High4.7
52 Week Low1.89
CS1 End3.3
CR1 Start3.4
Volume & EV
DER(3)-1.2%
DER(5)0.85%
Volume2.19M
Volume Incr36.47%
Vol(5)1.68M
Vol(50)1.31M