TRAVERE THERAPEUTICS INC (TVTX) Stock Technical Analysis
NASDAQ:TVTX - Nasdaq - US89422G1076 - Common Stock - Currency: USD
Taking everything into account, TVTX scores 3 out of 10 in our technical rating. Although TVTX 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.
In the last month TVTX has a been trading in the 16.24 - 22.07 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that TVTX is one of the better performing stocks in the market, outperforming 97% of all stocks.
TVTX is part of the Biotechnology industry. There are 561 other stocks in this industry. TVTX outperforms 96% of them.
TVTX has an average volume of 1831530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
The technical rating of TVTX is bad and it also does not present a quality setup 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
13.51
21.50
4 important support areas can be observed.
- Support @16.59 from a horizontal line in the daily time frame.
- Support @15.61 from a trend line in the weekly time frame.
- A support zone ranging from 14.36 to 14.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.65 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @20.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 21.29 to 21.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.37
Mansfield0.59
10 Day High21.8
10 Day Low16.24
20 Day High22.07
20 Day Low16.24
52 Week High25.29
52 Week Low6.3
Performance
1 Week-21.29%
2 Weeks-17.94%
1 Month-0.6%
3 Month-24.48%
6 Month-9.04%
12 Month169.48%
2 Year-7.21%
3 Year-28.79%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.49
RSI(14)39.46
LBB16.13
UBB23.28
16.6
-0.96 (-5.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.47%
1 Week-21.29%
2 Weeks-17.94%
1 Month-0.6%
3 Month-24.48%
6 Month-9.04%
12 Month169.48%
2 Year-7.21%
3 Year-28.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.37
ATR(20)%7.69%
ATR Inc-17.5%
Range Today1.06
ADR(20)1.15
ADR(20)%6.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.37
Mansfield0.59
10 Day High21.8
10 Day Low16.24
20 Day High22.07
20 Day Low16.24
52 Week High25.29
52 Week Low6.3
CS1 End16.59
CR1 Start20.67
Volume & EV
DER(3)1.28%
DER(5)-0.31%
Volume1.57M
Volume Incr62.33%
Vol(5)2.59M
Vol(50)1.83M