TREVI THERAPEUTICS INC (TRVI) Stock Technical Analysis
NASDAQ:TRVI - US89532M1018 - Common Stock
7.255 USD
+0.04 (+0.62%)
7.25 USD
0 (-0.07%)
Taking everything into account, TRVI scores 9 out of 10 in our technical rating. In the last year, TRVI was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, TRVI did better than 94% 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 86% 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.
TRVI has an average volume of 1844600 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 6.55 - 8.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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
4.05
8.09
We found 4 important support areas.
- A support zone ranging from 7.20 to 7.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.42 to 6.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.22 from a trend line in the daily time frame.
- Support @4.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.01 from a horizontal line in the daily 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 | 94.71 | POSITIVE | TRVI has a high relative strength, it outperformed 94.71% 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) | 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) | 48.81 | NEUTRAL | The RSI value for TRVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TRVI has a negative trend. |
| Stochastics (14,3) | 28.02 | NEUTRAL | The Stochastics value for TRVI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for TRVI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.84 | 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 |
|---|---|---|---|
| 7.45 | 7.19 | 0.26 (3.49%) | 25.00% |
| An entry @7.45. This is a Buy Stop order right above the 10 day moving average. | An exit @7.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 3.49%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
7.255
+0.04 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.62%
1 Week-3.84%
2 Weeks-3.46%
1 Month-0.95%
3 Month11.52%
6 Month60.62%
12 Month129.75%
2 Year228.51%
3 Year128.3%
5 Year80.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%5.87%
ATR Inc60.97%
Range Today0.43
ADR(20)0.43
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.71
Mansfield3.15
10 Day High8.78
10 Day Low7.09
20 Day High8.78
20 Day Low6.55
52 Week High8.78
52 Week Low2.36
CS1 End7.25
CR1 Start8.01
Volume & EV
DER(3)3.9%
DER(5)3.15%
Volume1.56M
Volume Incr155.41%
Vol(5)3.58M
Vol(50)1.84M