SAVERONE 2014 LTD -ADR (SVRE) Stock Technical Analysis
NASDAQ:SVRE - Nasdaq - US80516T1051 - ADR - Currency: USD
Overall SVRE gets a technical rating of 1 out of 10. SVRE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SVRE is a bad performer in the overall market: 100% of all stocks are doing better.
SVRE is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 94% of 125 stocks in the same industry do better.
SVRE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SVRE has a been trading in the 1.93 - 5.69 range, which is quite wide. It is currently trading near the lows of this range.
SVRE has an average volume of 2548300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SVRE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SVRE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.25
2.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.40 to 2.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.59 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 SVRE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SVRE is down. |
| ChartMill Relative Strength | 0.48 | NEGATIVE | SVRE has a low relative strength, it was outperformed by 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SVRE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SVRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.23 | NEUTRAL | The RSI value for SVRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SVRE has a positive trend. |
| Stochastics (14,3) | 12.59 | OVERSOLD | The low Stochastics value suggests SVRE may be oversold. |
| Average True Range in percent/ATR (20) | 20.28 | HIGH VOLATILITY | The high ATR as a percentage value for SVRE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.75 | POSITIVE | The high ADX value value for SVRE suggests a strong 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)
2.51
+0.16 (+6.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg6.81%
1 Week2.45%
2 Weeks22.44%
1 Month3.72%
3 Month-58.99%
6 Month-92.86%
12 Month-98.92%
2 Year-99.72%
3 Year-99.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%20.28%
ATR Inc-70.61%
Range Today0.23
ADR(20)0.47
ADR(20)%18.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.48
Mansfield-9.57
10 Day High3.39
10 Day Low2.02
20 Day High5.69
20 Day Low1.93
52 Week High253.79
52 Week Low1.93
CS1 End2.42
CR1 Start2.59
Volume & EV
DER(3)21.12%
DER(5)17.5%
Volume81.60K
Volume Incr-97.66%
Vol(5)122.52K
Vol(50)2.55M