TREVENA INC (TRVN) Technical Analysis
NASDAQ:TRVN • US89532E2081
Current stock price
TRVN 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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 one of the lesser performing stocks in the Biotechnology industry. 89% of 517 stocks in the same industry do better.
- 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.
TRVN Weekly and Daily overview Charts
TRVN 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.
More info and screens
TRVN Support and Resistance Analysis
2.48
2 important resistance areas can be observed.
- 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.
TRVN 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. |
TRVN Chart- and CandleStick Pattern Analysis
TRVN Technicals: Chart, Performance Metrics, Trend & Indicators
2.5
-2.11 (-45.71%)
TREVENA INC / TRVN TA FAQ
Can you provide the ChartMill technical rating for TREVENA INC?
ChartMill assigns a technical rating of 0 / 10 to TRVN.
What is the current trend direction of TREVENA INC (TRVN) stock?
The current trend direction for TREVENA INC (TRVN) is Bearish.
Can you provide the RSI signal for TREVENA INC?
TREVENA INC (TRVN) has an RSI value of 35.7614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TREVENA INC?
The MACD indicator for TREVENA INC (TRVN) has a value of -0.102432, indicating a bearish trend.
What is the short term momentum for TRVN stock?
The short term momentum for TREVENA INC (TRVN) is neutral.