TEVOGEN BIO HOLDINGS INC (TVGN) Stock Technical Analysis
NASDAQ:TVGN - US88165K1016 - Common Stock
0.91 USD
+0.01 (+0.82%)
0.8965 USD
-0.01 (-1.48%)
Taking everything into account, TVGN scores 2 out of 10 in our technical rating. Although TVGN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
TVGN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month TVGN has a been trading in the 0.83 - 1.40 range, which is quite wide. It is currently trading near the lows of this range.
TVGN is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 542 stocks in the same industry.
Looking at the yearly performance, TVGN did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
TVGN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.85
1.33
We found 2 important support areas.
- Support @0.90 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.86 to 0.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.27 from a trend line in the daily time frame.
- Resistance @1.32 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for TVGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TVGN is down. |
| ChartMill Relative Strength | 81.92 | POSITIVE | TVGN has a high relative strength, it outperformed 81.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TVGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TVGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TVGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.95 | NEUTRAL | The RSI value for TVGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TVGN has a positive trend. |
| Stochastics (14,3) | 18.98 | OVERSOLD | The low Stochastics value suggests TVGN may be oversold. |
| Average True Range in percent/ATR (20) | 9.41 | HIGH VOLATILITY | The high ATR as a percentage value for TVGN suggests high volalility. |
| Average Directional Index/ADX (14) | 24.17 | NEUTRAL | The ADX value for TVGN 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)
0.91
+0.01 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.82%
1 Week-2.82%
2 Weeks-4.04%
1 Month-8.99%
3 Month-29.46%
6 Month-28.91%
12 Month74.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%9.41%
ATR Inc-38.33%
Range Today0.04
ADR(20)0.09
ADR(20)%9.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.92
Mansfield-2.87
10 Day High0.98
10 Day Low0.89
20 Day High1.4
20 Day Low0.83
52 Week High3.09
52 Week Low0.26
CS1 End0.9
CR1 Start1.02
Volume & EV
DER(3)-4.75%
DER(5)-4.43%
Volume401.60K
Volume Incr-70.22%
Vol(5)435.04K
Vol(50)920.46K