SAVARA INC (SVRA) Technical Analysis
NASDAQ:SVRA • US8051111016
Current stock price
5.64 USD
-0.23 (-3.92%)
At close:
5.64 USD
0 (0%)
After Hours:
SVRA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SVRA. SVRA has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SVRA did better than 86% of all other stocks. We also observe that the gains produced by SVRA over the past year are nicely spread over this period.
- SVRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SVRA is lagging the market slightly.
- SVRA has an average volume of 1676670 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 63% of 516 stocks in the same industry.
- In the last month SVRA has a been trading in the 4.81 - 6.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SVRA Weekly and Daily overview Charts
SVRA Setup Rating and Analysis
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
SVRA Support and Resistance Analysis
4.90
6.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.47 to 5.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.25 to 5.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 6.03 to 6.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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 | 86.87 | POSITIVE | SVRA has a high relative strength, it outperformed 86.87% 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) | DOWN | MIXED | The current price of SVRA is above 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) | 51.24 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SVRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.66 | NEUTRAL | The Stochastics value for SVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for SVRA suggests a weak or negative trend. |
SVRA Chart- and CandleStick Pattern Analysis
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)
SVRA Technicals: Chart, Performance Metrics, Trend & Indicators
5.64
-0.23 (-3.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.92%
1 Week-3.92%
2 Weeks1.08%
1 Month11.9%
3 Month-3.09%
6 Month56.23%
12 Month87.38%
2 Year23.14%
3 Year200%
5 Year196.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%5.34%
ATR Inc0.26%
Range Today0.28
ADR(20)0.29
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.87
3 months CRS35.04
6 months CRS95.07
Mansfield2.62
10 Day High6.24
10 Day Low5.45
20 Day High6.24
20 Day Low4.81
52 Week High7.01
52 Week Low1.89
CS1 End5.51
CR1 Start6.03
Volume & EV
DER(3)0.76%
DER(5)-2.08%
Volume1.20M
Volume Incr-33.52%
Vol(5)1.32M
Vol(50)1.68M
SAVARA INC / SVRA TA FAQ
Can you provide the ChartMill technical rating for SAVARA INC?
ChartMill assigns a technical rating of 9 / 10 to SVRA.
What is the trend direction for SVRA stock?
The current trend direction for SAVARA INC (SVRA) is Bullish.
What is the RSI signal for SAVARA INC (SVRA) stock?
SAVARA INC (SVRA) has an RSI value of 51.2388. 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 0.0436769, indicating a bearish trend.
What is the short term momentum for SAVARA INC (SVRA) stock?
The short term momentum for SAVARA INC (SVRA) is positive.