TREVI THERAPEUTICS INC (TRVI) Stock Technical Analysis
NASDAQ:TRVI - Nasdaq - US89532M1018 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to TRVI. In the last year, TRVI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month TRVI has a been trading in the 5.86 - 7.24 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TRVI did better than 97% of all other stocks. We also observe that the gains produced by TRVI over the past year are nicely spread over this period.
TRVI is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 96% of 197 stocks in the same industry.
TRVI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRVI is performing more or less in line with the market.
TRVI has an average volume of 1374780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, TRVI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.31, a Stop Loss order could be placed below this zone.
More info and screens
3.63
6.42
4 important support areas can be observed.
- A support zone ranging from 6.28 to 6.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.16 from a trend line in the daily time frame.
- A support zone ranging from 6.02 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.67 from a trend 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 TRVI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRVI is neutral. |
| ChartMill Relative Strength | 97.94 | POSITIVE | TRVI has a high relative strength, it outperformed 97.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRVI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TRVI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.9 | NEUTRAL | The RSI value for TRVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests TRVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.56 | NEUTRAL | The Stochastics value for TRVI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for TRVI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for TRVI 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)
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 |
|---|---|---|---|
| 6.71 | 6.27 | 0.44 (6.56%) | 15.25% |
| An entry @6.71. This is a Buy Stop order right above the 10 day high. | An exit @6.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.44 points, which is 6.56%. | When investing 15.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TRVI. 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.
6.36
+0.1 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.6%
1 Week2.91%
2 Weeks2.75%
1 Month-7.96%
3 Month40.71%
6 Month120.83%
12 Month147.47%
2 Year194.44%
3 Year162.81%
5 Year132.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%5.97%
ATR Inc-20.82%
Range Today0.29
ADR(20)0.38
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.94
Mansfield5.17
10 Day High6.7
10 Day Low5.86
20 Day High7.24
20 Day Low5.86
52 Week High7.39
52 Week Low2.3
CS1 End6.31
CR1 StartN/A
Volume & EV
DER(3)1.18%
DER(5)0.56%
Volume821.90K
Volume Incr-23.05%
Vol(5)969.36K
Vol(50)1.37M