TREVI THERAPEUTICS INC (TRVI) Stock Technical Analysis
NASDAQ:TRVI - Nasdaq - US89532M1018 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to TRVI. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TRVI did better than 95% of all other stocks. On top of that, TRVI also shows a nice and consistent pattern of rising prices.
TRVI is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. TRVI outperforms 92% of them.
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.
TRVI has an average volume of 2072610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TRVI has a been trading in the 5.93 - 8.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TRVI has an excellent technical rating, the quality of the presented setup is not ideal 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
3.96
7.48
We found 5 important support areas.
- A support zone ranging from 7.32 to 7.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.16 from a trend line in the weekly time frame.
- Support @6.02 from a trend line in the daily time frame.
- Support @5.84 from a trend line in the daily time frame.
- Support @4.00 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 | UP | POSITIVE | The short term trend for TRVI is up. |
| ChartMill Relative Strength | 95.81 | POSITIVE | TRVI has a high relative strength, it outperformed 95.81% 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) | 60.15 | NEUTRAL | The RSI value for TRVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TRVI has a negative trend. |
| Stochastics (14,3) | 52.69 | NEUTRAL | The Stochastics value for TRVI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for TRVI suggests high volalility. |
| Average Directional Index/ADX (14) | 36.12 | POSITIVE | The high ADX value value for TRVI suggests a strong 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)
7.41
-0.08 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.07%
1 Week-1.85%
2 Weeks5.86%
1 Month26.56%
3 Month12.27%
6 Month74.76%
12 Month159.09%
2 Year235.29%
3 Year133.02%
5 Year83.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%5.26%
ATR Inc-29.92%
Range Today0.23
ADR(20)0.39
ADR(20)%5.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.81
Mansfield4.39
10 Day High8.11
10 Day Low7
20 Day High8.11
20 Day Low5.93
52 Week High8.11
52 Week Low2.36
CS1 End7.32
CR1 StartN/A
Volume & EV
DER(3)0.93%
DER(5)0.54%
Volume1.02M
Volume Incr-27.42%
Vol(5)1.40M
Vol(50)2.07M