SAVARA INC (SVRA) Stock Technical Analysis
NASDAQ:SVRA - Nasdaq - US8051111016 - Common Stock - Currency: USD
Overall SVRA gets a technical rating of 1 out of 10. SVRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than SVRA.
SVRA is one of the lesser performing stocks in the Biotechnology industry. 75% of 560 stocks in the same industry do better.
SVRA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SVRA has an average volume of 1740890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SVRA has a been trading in the 1.98 - 2.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SVRA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.08, a Stop Loss order could be placed below this zone.
More info and screens
2.02
3.28
When analyzing the support we notice one important area.
- A support zone ranging from 2.04 to 2.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.40 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.05 from a trend line in the weekly time frame.
- A resistance zone ranging from 3.13 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.25 from a trend line 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 | DOWN | NEGATIVE | The long term trend for SVRA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SVRA is neutral. |
| ChartMill Relative Strength | 5.02 | NEGATIVE | SVRA has a low relative strength, it was outperformed by 94.98% 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) | 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) | 53.01 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SVRA has a positive trend. |
| Stochastics (14,3) | 71.79 | NEUTRAL | The Stochastics value for SVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.84 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.16 | 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)
2.39
+0.09 (+3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.91%
1 Week9.13%
2 Weeks8.14%
1 Month8.64%
3 Month-18.15%
6 Month-14.03%
12 Month-51.12%
2 Year-33.24%
3 Year47.53%
5 Year20.1%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%6.84%
ATR Inc-16.8%
Range Today0.18
ADR(20)0.16
ADR(20)%6.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.02
Mansfield-3.22
10 Day High2.5
10 Day Low1.98
20 Day High2.5
20 Day Low1.98
52 Week High5.03
52 Week Low1.89
CS1 End2.08
CR1 Start2.4
Volume & EV
DER(3)0.8%
DER(5)0.67%
Volume1.08M
Volume Incr9.33%
Vol(5)1.35M
Vol(50)1.74M