Taking everything into account, TRVI scores 5 out of 10 in our technical rating. In the last year, TRVI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month TRVI has a been trading in the 10.46 - 13.22 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, TRVI did better than 96% 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 89% of 190 stocks in the same industry.
- TRVI has an average volume of 1879900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- TRVI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRVI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
TRVI has an average technical rating and also the quality of the setup is only medium 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
7.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.47 to 10.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.22 from a trend line in the weekly time frame.
- Support @7.97 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.40 to 11.45. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for TRVI is down. |
| ChartMill Relative Strength | 96.45 | POSITIVE | TRVI has a high relative strength, it outperformed 96.45% 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 | NEGATIVE | The current price of TRVI is below 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) | 34.22 | NEUTRAL | The RSI value for TRVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests TRVI has a negative trend. |
| Stochastics (14,3) | 13.56 | OVERSOLD | The low Stochastics value suggests TRVI may be oversold. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for TRVI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for TRVI suggests a possible start of a new trend. |
10.48
-0.28 (-2.6%)
TREVI THERAPEUTICS INC / TRVI FAQ
Can you provide the ChartMill technical rating for TREVI THERAPEUTICS INC?
ChartMill assigns a technical rating of 5 / 10 to TRVI.
What is the trend direction for TRVI stock?
The current trend direction for TREVI THERAPEUTICS INC (TRVI) is Bullish.
Can you provide the RSI signal for TREVI THERAPEUTICS INC?
TREVI THERAPEUTICS INC (TRVI) has an RSI value of 34.2176. This indicates that the stock is currently neutral.
What is the short term momentum for TREVI THERAPEUTICS INC (TRVI) stock?
The short term momentum for TREVI THERAPEUTICS INC (TRVI) is negative.
What are the support and resistance levels for TREVI THERAPEUTICS INC (TRVI) stock?
TREVI THERAPEUTICS INC (TRVI) has a support level at 10.47 and a resistance level at 11.4. Check the full technical report for our detailed analysis of TRVI support and resistance levels.