TREVENA INC (TRVN) Stock Technical Analysis
NASDAQ:TRVN - Nasdaq - US89532E2081 - Common Stock - Currency: USD
Overall TRVN gets a technical rating of 0 out of 10. TRVN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
When comparing the yearly performance of all stocks, TRVN is a bad performer in the overall market: 99% of all stocks are doing better.
TRVN is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 87% are performing better than TRVN.
TRVN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TRVN is lagging the market.
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.
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.
More info and screens
2.48
4.70
When analyzing the resistance we notice 2 important 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.
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. |
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)
2.5
-2.11 (-45.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-45.71%
1 Week-33.16%
2 Weeks-32.43%
1 Month-50.98%
3 Month-58.52%
6 Month-73.78%
12 Month-82.14%
2 Year-97.67%
3 Year-99.6%
5 Year-99.58%
10 Year-99.93%
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%35.64%
ATR Inc153.18%
Range Today0.36
ADR(20)0.77
ADR(20)%30.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.44
Mansfield-7.97
10 Day High4.68
10 Day Low2.36
20 Day High7.85
20 Day Low2.36
52 Week High19.23
52 Week Low2.36
CS1 EndN/A
CR1 Start4.36
Volume & EV
DER(3)17.62%
DER(5)8.12%
Volume275.70K
Volume Incr56.16%
Vol(5)107.16K
Vol(50)129.05K