TRAVERE THERAPEUTICS INC (TVTX) Stock Technical Analysis
NASDAQ:TVTX - Nasdaq - US89422G1076 - Common Stock - Currency: USD
Overall TVTX gets a technical rating of 7 out of 10. In the past year, TVTX was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
TVTX is part of the Biotechnology industry. There are 550 other stocks in this industry. TVTX outperforms 86% of them.
In the last month TVTX has a been trading in the 15.03 - 17.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
TVTX has an average volume of 1464420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that TVTX is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
TVTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TVTX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TVTX has an excellent technical rating and also presents a decent setup pattern. 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 17.29. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.41
21.50
We found 3 important support areas.
- A support zone ranging from 16.15 to 16.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.32 to 15.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.56 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 17.29 to 17.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.75 from a trend line in the weekly time frame.
- Resistance @19.33 from a trend line in the daily time frame.
- Resistance @21.29 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 | NEUTRAL | NEUTRAL | The long term trend for TVTX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TVTX is up. |
| ChartMill Relative Strength | 93.03 | POSITIVE | TVTX has a high relative strength, it outperformed 93.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TVTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TVTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TVTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.05 | NEUTRAL | The RSI value for TVTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests TVTX has a positive trend. |
| Stochastics (14,3) | 81.05 | OVERBOUGHT | The high Stochastics value suggests TVTX may be overbought. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for TVTX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for TVTX 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.30 | 16.14 | 1.16 (6.71%) | 14.91% |
| An entry @17.30. This is a Buy Stop order right above the resistance zone. | An exit @16.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.16 points, which is 6.71%. | When investing 14.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of TVTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:TVTX (8/12/2025, 10:48:12 AM)
17.265
-0.02 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.09%
1 Week8.27%
2 Weeks12.21%
1 Month2.19%
3 Month2.86%
6 Month-24.57%
12 Month99.08%
2 Year21.01%
3 Year-35.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%4.36%
ATR Inc-6.56%
Range Today0.42
ADR(20)0.75
ADR(20)%4.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.03
Mansfield-0.67
10 Day High17.62
10 Day Low15.03
20 Day High17.62
20 Day Low15.03
52 Week High25.29
52 Week Low8.46
CS1 End16.31
CR1 Start17.29
Volume & EV
DER(3)-3.46%
DER(5)-3.17%
Volume169.70K
Volume Incr77%
Vol(5)2.16M
Vol(50)1.46M