THERIVA BIOLOGICS INC (TOVX) Stock Technical Analysis
NYSEARCA:TOVX - NYSE Arca - US87164U5083 - Common Stock - Currency: USD
Taking everything into account, TOVX scores 0 out of 10 in our technical rating. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TOVX is a bad performer in the overall market: 100% of all stocks are doing better.
TOVX is one of the lesser performing stocks in the Biotechnology industry. 89% of 558 stocks in the same industry do better.
TOVX 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month TOVX has a been trading in the 0.42 - 0.51 range, which is quite wide. It is currently trading near the high of this range.
TOVX has an average volume of 1790910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of TOVX is bad and it also does not present a 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
0.43
0.52
When analyzing the support we notice one important area.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for TOVX is neutral. |
| ChartMill Relative Strength | 0.5 | NEGATIVE | TOVX has a low relative strength, it was outperformed by 99.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TOVX is above 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) | 50.98 | NEUTRAL | The RSI value for TOVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests TOVX has a positive trend. |
| Stochastics (14,3) | 85.81 | OVERBOUGHT | The high Stochastics value suggests TOVX may be overbought. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for TOVX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for TOVX suggests a possible start of a new 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)
0.497
-0.01 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1%
1 Week15.55%
2 Weeks15.58%
1 Month-0.52%
3 Month-63.33%
6 Month-66.42%
12 Month-92.41%
2 Year-97.03%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.48%
ATR Inc54.57%
Range Today0.03
ADR(20)0.03
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.5
Mansfield-7.54
10 Day High0.51
10 Day Low0.42
20 Day High0.51
20 Day Low0.42
52 Week High7.25
52 Week Low0.4
CS1 End0.43
CR1 Start0.51
Volume & EV
DER(3)-2.96%
DER(5)1.9%
Volume210.90K
Volume Incr27.3%
Vol(5)287.98K
Vol(50)1.79M