SAVARA INC (SVRA) Technical Analysis
NASDAQ:SVRA • US8051111016
Current stock price
SVRA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SVRA. In the last year, SVRA was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- SVRA has an average volume of 1658540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, SVRA did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SVRA is an average performer in the Biotechnology industry, it outperforms 61% of 516 stocks in the same industry.
- 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.
- 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
SVRA has an average technical rating and it also does not offer a high 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.30 to 5.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.46 to 5.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.02 to 6.03. 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 | NEUTRAL | NEUTRAL | The short term trend for SVRA is neutral. |
| ChartMill Relative Strength | 81.82 | POSITIVE | SVRA has a high relative strength, it outperformed 81.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SVRA is below 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) | UP | POSITIVE | The current price of SVRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.09 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SVRA has a negative trend. |
| Stochastics (14,3) | 37.4 | NEUTRAL | The Stochastics value for SVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for SVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.54 | 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
5.28
-0.33 (-5.88%)
SAVARA INC / SVRA TA FAQ
Can you provide the ChartMill technical rating for SAVARA INC?
ChartMill assigns a technical rating of 6 / 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 43.0881. 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 -0.0235531, indicating a bearish trend.
What is the short term momentum for SAVARA INC (SVRA) stock?
The short term momentum for SAVARA INC (SVRA) is neutral.