TRVN Technical Analysis - TREVENA INC

Technical Rating and Analysis

Taking everything into account, TRVN scores 0 out of 10 in our technical rating. TRVN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

99% of all other stocks performed better in the past year than TRVN.

TRVN is one of the lesser performing stocks in the Biotechnology industry. 88% of 536 stocks in the same industry do better.

TRVN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.

In the last month TRVN has a been trading in the 2.36 - 7.85 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of TRVN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.48

4.70

We can see 2 important resistance areas.

Resistance @4.36 from a trend line in the weekly time frame.
A resistance zone ranging from 4.63 to 4.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for TRVN is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for TRVN is neutral.
ChartMill Relative Strength	1.44	NEGATIVE	TRVN has a low relative strength, it was outperformed by 98.56% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of TRVN is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of TRVN is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of TRVN is below a declining SMA(200).
Relative Strength Index/RSI (14)	35.76	NEUTRAL	The RSI value for TRVN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.1	NEGATIVE	The MACD value suggests TRVN has a negative trend.
Stochastics (14,3)	24.9	NEUTRAL	The Stochastics value for TRVN is a neutral value.
Average True Range in percent/ATR (20)	35.64	HIGH VOLATILITY	The high ATR as a percentage value for TRVN suggests high volalility.
Average Directional Index/ADX (14)	14.1	NEGATIVE	The low ADX value for TRVN suggests a weak or negative trend.