THERIVA BIOLOGICS INC (TOVX) Technical Analysis
NYSEARCA:TOVX • US87164U5083
We assign a technical rating of 0 out of 10 to TOVX. TOVX'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, TOVX is a bad performer in the overall market: 95% of all stocks are doing better.
- TOVX is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 81% are performing better than TOVX.
- TOVX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TOVX is lagging the market.
- In the last month TOVX has a been trading in the 0.16 - 0.26 range, which is quite wide. It is currently trading near the lows of this range.
- TOVX has an average volume of 8899030 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, TOVX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.19. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for TOVX 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
0.17
We found 2 important support areas.
- Support @0.18 from a horizontal line in the daily time frame.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages 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 TOVX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TOVX is down. |
| ChartMill Relative Strength | 5.31 | NEGATIVE | TOVX has a low relative strength, it was outperformed by 94.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TOVX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TOVX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TOVX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.03 | NEUTRAL | The RSI value for TOVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TOVX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.91 | NEUTRAL | The Stochastics value for TOVX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.62 | HIGH VOLATILITY | The high ATR as a percentage value for TOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.5 | NEGATIVE | The low ADX value for TOVX suggests a weak or negative trend. |
TOVX Technicals: Chart, Performance Metrics, Trend & Indicators
0.1752
0 (-2.67%)
THERIVA BIOLOGICS INC / TOVX FAQ
What is the ChartMill technical rating of THERIVA BIOLOGICS INC (TOVX) stock?
ChartMill assigns a technical rating of 0 / 10 to TOVX.
What is the trend direction for TOVX stock?
The current trend direction for THERIVA BIOLOGICS INC (TOVX) is Bearish.
What is the RSI signal for THERIVA BIOLOGICS INC (TOVX) stock?
THERIVA BIOLOGICS INC (TOVX) has an RSI value of 45.025. This indicates that the stock is currently neutral.
Can you provide the short term momentum for THERIVA BIOLOGICS INC?
The short term momentum for THERIVA BIOLOGICS INC (TOVX) is negative.
What is the buy/sell signal for TOVX stock?
The buy/sell signal for THERIVA BIOLOGICS INC (TOVX) is sell as both the short term and long term trends are negative.