SAVARA INC (SVRA) Technical Analysis
NASDAQ:SVRA • US8051111016
Current stock price
SVRA Technical Rating and Analysis
Taking everything into account, SVRA scores 3 out of 10 in our technical rating. Although SVRA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month SVRA has a been trading in the 4.88 - 6.14 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that SVRA is one of the better performing stocks in the market, outperforming 88% of all stocks.
- SVRA has an average volume of 1644040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- SVRA is an average performer in the Biotechnology industry, it outperforms 69% of 517 stocks in the same industry.
- SVRA is currently trading in the middle 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 slightly.
- Volume is considerably higher in the last couple of days.
SVRA Weekly and Daily overview Charts
SVRA Setup Rating and Analysis
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
SVRA Support and Resistance Analysis
4.90
When analyzing the support we notice one important area.
- A support zone ranging from 4.95 to 4.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.61 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.75 from a trend line in the daily time frame.
SVRA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for SVRA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SVRA is down. |
| ChartMill Relative Strength | 88.06 | POSITIVE | SVRA has a high relative strength, it outperformed 88.06% 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) | UP | POSITIVE | The current price of SVRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.9 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SVRA has a negative trend. |
| Stochastics (14,3) | 12.25 | OVERSOLD | The low Stochastics value suggests SVRA may be oversold. |
| Average True Range in percent/ATR (20) | 6.39 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.94 | NEGATIVE | The low ADX value for SVRA suggests a weak or negative trend. |
SVRA Chart- and CandleStick Pattern Analysis
SVRA Technicals: Chart, Performance Metrics, Trend & Indicators
4.96
-0.2 (-3.88%)
SAVARA INC / SVRA TA FAQ
Can you provide the ChartMill technical rating for SAVARA INC?
ChartMill assigns a technical rating of 3 / 10 to SVRA.
What is the trend direction for SVRA stock?
The current trend direction for SAVARA INC (SVRA) is Bearish.
What is the RSI signal for SVRA stock?
SAVARA INC (SVRA) has an RSI value of 36.8966. 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 negative.