TRAVERE THERAPEUTICS INC (TVTX) Technical Analysis
NASDAQ:TVTX • US89422G1076
Current stock price
31.68 USD
+0.01 (+0.03%)
At close:
31.68 USD
0 (0%)
After Hours:
TVTX Technical Rating and Analysis
Taking everything into account, TVTX scores 8 out of 10 in our technical rating. 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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, TVTX did better than 90% of all other stocks. On top of that, TVTX also shows a nice and consistent pattern of rising prices.
- TVTX is one of the better performing stocks in the Biotechnology industry, it outperforms 70% of 517 stocks in the same industry.
- In the last month TVTX has a been trading in the 26.15 - 33.78 range, which is quite wide. It is currently trading near the high of this range.
- TVTX has an average volume of 1427390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TVTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TVTX is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
TVTX Weekly and Daily overview Charts
TVTX Setup Rating and Analysis
Although TVTX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TVTX Support and Resistance Analysis
26.97
32.15
We found 2 important support areas.
- A support zone ranging from 29.34 to 29.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.24 to 27.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.69 to 31.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
TVTX 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 | 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 | 90.68 | POSITIVE | TVTX has a high relative strength, it outperformed 90.68% 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) | UP | POSITIVE | The current price of TVTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.77 | NEUTRAL | The RSI value for TVTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests TVTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.09 | NEUTRAL | The Stochastics value for TVTX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for TVTX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.56 | POSITIVE | The high ADX value value for TVTX suggests a strong trend. |
TVTX Chart- and CandleStick Pattern Analysis
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)
TVTX Technicals: Chart, Performance Metrics, Trend & Indicators
31.68
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.03%
1 Week6.63%
2 Weeks18.25%
1 Month10.65%
3 Month-8.39%
6 Month25.91%
12 Month118.48%
2 Year472.88%
3 Year46.87%
5 Year28.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.59
ATR(20)%4.62%
ATR Inc5.94%
Range Today1.65
ADR(20)1.35
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.68
3 months CRS28.84
6 months CRS87.08
Mansfield2.28
10 Day High33.78
10 Day Low26.5
20 Day High33.78
20 Day Low26.15
52 Week High42.13
52 Week Low13.88
CS1 End29.74
CR1 Start31.69
Volume & EV
DER(3)-0.36%
DER(5)-0.89%
Volume1.20M
Volume Incr44.4%
Vol(5)1.71M
Vol(50)1.43M
TRAVERE THERAPEUTICS INC / TVTX TA FAQ
What is the ChartMill technical rating of TRAVERE THERAPEUTICS INC (TVTX) stock?
ChartMill assigns a technical rating of 8 / 10 to TVTX.
What is the trend direction for TVTX stock?
The current trend direction for TRAVERE THERAPEUTICS INC (TVTX) is Bearish.
Can you provide the RSI signal for TRAVERE THERAPEUTICS INC?
TRAVERE THERAPEUTICS INC (TVTX) has an RSI value of 61.767. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TRAVERE THERAPEUTICS INC?
The short term momentum for TRAVERE THERAPEUTICS INC (TVTX) is positive.