SAVARA INC (SVRA) Stock Technical Analysis
USA - NASDAQ:SVRA - US8051111016 - Common Stock
3.61 USD
+0.03 (+0.84%)
3.68 USD
+0.07 (+1.94%)
Taking everything into account, SVRA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SVRA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SVRA is part of the Biotechnology industry. There are 536 other stocks in this industry. SVRA outperforms 71% of them.
SVRA has an average volume of 1452520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SVRA is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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 3.34 - 3.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SVRA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.33
3.77
2 important support areas can be observed.
- Support @3.60 from a trend line in the weekly time frame.
- A support zone ranging from 3.36 to 3.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @3.73 from a horizontal line in the weekly 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 | 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 | 86.71 | POSITIVE | SVRA has a high relative strength, it outperformed 86.71% 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) | UP | POSITIVE | The current price of SVRA is above the rising 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) | 60.84 | NEUTRAL | The RSI value for SVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SVRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.13 | NEUTRAL | The Stochastics value for SVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for SVRA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for SVRA suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.74 | 3.59 | 0.15 (4.01%) | 24.93% |
| An entry @3.74. This is a Buy Stop order right above the resistance zone. | An exit @3.59. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.15 points, which is 4.01%. | For a 1.00% total portfolio risk, you can invest 24.93% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SVRA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.61
+0.03 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.84%
1 Week7.12%
2 Weeks3.44%
1 Month2.27%
3 Month59.73%
6 Month19.93%
12 Month-3.99%
2 Year-1.37%
3 Year193.5%
5 Year247.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%3.68%
ATR Inc29.84%
Range Today0.15
ADR(20)0.13
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.71
Mansfield1
10 Day High3.75
10 Day Low3.34
20 Day High3.75
20 Day Low3.34
52 Week High4.3
52 Week Low1.89
CS1 End3.6
CR1 Start3.73
Volume & EV
DER(3)2.69%
DER(5)1.31%
Volume2.99M
Volume Incr55.69%
Vol(5)1.70M
Vol(50)1.45M