We assign a technical rating of 0 out of 10 to TOVX. TOVX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TOVX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for TOVX in the last couple of days, which is a good sign.
0.18
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 | 2.78 | NEGATIVE | TOVX has a low relative strength, it was outperformed by 97.22% 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) | 45.13 | 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) | 23.16 | NEUTRAL | The Stochastics value for TOVX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.35 | HIGH VOLATILITY | The high ATR as a percentage value for TOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for TOVX suggests a weak or negative trend. |
0.197
-0.01 (-4.78%)
ChartMill assigns a technical rating of 0 / 10 to TOVX.
The current trend direction for THERIVA BIOLOGICS INC (TOVX) is Bearish.
THERIVA BIOLOGICS INC (TOVX) has an RSI value of 45.1284. This indicates that the stock is currently neutral.
The short term momentum for THERIVA BIOLOGICS INC (TOVX) is negative.
The buy/sell signal for THERIVA BIOLOGICS INC (TOVX) is sell as both the short term and long term trends are negative.