TREVI THERAPEUTICS INC (TRVI) Stock Technical Analysis
NASDAQ:TRVI - Nasdaq - US89532M1018 - Common Stock - Currency: USD
Taking everything into account, TRVI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRVI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TRVI is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, TRVI also shows a nice and consistent pattern of rising prices.
TRVI is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 92% of 193 stocks in the same industry.
TRVI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TRVI is lagging the market slightly.
In the last month TRVI has a been trading in the 5.41 - 7.03 range, which is quite wide. It is currently trading near the high of this range.
TRVI has an average volume of 1807010 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.
Although TRVI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.86
7.14
4 important support areas can be observed.
- A support zone ranging from 6.99 to 7.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.89 from a trend line in the weekly time frame.
- Support @5.67 from a trend line in the daily time frame.
- Support @3.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.07 to 7.07. 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 | UP | POSITIVE | The long term trend for TRVI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TRVI is up. |
| ChartMill Relative Strength | 95.76 | POSITIVE | TRVI has a high relative strength, it outperformed 95.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TRVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TRVI is above the rising 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) | 68.05 | NEUTRAL | The RSI value for TRVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests TRVI has a positive trend. |
| Stochastics (14,3) | 97.99 | OVERBOUGHT | The high Stochastics value suggests TRVI may be overbought. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for TRVI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.81 | NEGATIVE | The low ADX value for TRVI suggests a weak or negative 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)
7.01
+0.46 (+7.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg7.02%
1 Week17.82%
2 Weeks24.73%
1 Month13.61%
3 Month15.49%
6 Month86.44%
12 Month152.16%
2 Year194.54%
3 Year129.09%
5 Year41.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.75%
ATR Inc36.39%
Range Today0.53
ADR(20)0.33
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.76
Mansfield4.32
10 Day High7.03
10 Day Low5.41
20 Day High7.03
20 Day Low5.41
52 Week High7.48
52 Week Low2.36
CS1 End7
CR1 Start7.07
Volume & EV
DER(3)6.35%
DER(5)2.68%
Volume1.71M
Volume Incr-12.74%
Vol(5)1.52M
Vol(50)1.81M