TVARDI THERAPEUTICS INC (TVRD) Stock Technical Analysis
NASDAQ:TVRD - Nasdaq - US1407553072 - Common Stock - Currency: USD
Overall TVRD gets a technical rating of 4 out of 10. In the last year, TVRD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, TVRD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 27.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.29, a Stop Loss order could be placed below this zone.
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22.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 25.50 to 26.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.87 from a horizontal line in the daily time frame.
- Support @22.46 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.28 to 27.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.16 from a trend line in the daily time frame.
- Resistance @29.83 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 TVRD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TVRD is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | TVRD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TVRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TVRD is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.5 | NEUTRAL | The RSI value for TVRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TVRD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.4 | NEUTRAL | The Stochastics value for TVRD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.79 | HIGH VOLATILITY | The high ATR as a percentage value for TVRD suggests high volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for TVRD suggests a possible start of a new trend. |
26.34
+0.14 (+0.53%)