Taking everything into account, TVTX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, TVTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 support zone below the current price at 34.37, a Stop Loss order could be placed below this zone.
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17.90
2 important support areas can be observed.
- A support zone ranging from 33.98 to 34.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.08 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 34.61 to 35.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.47 to 36.48. This zone is formed by a combination of multiple trend lines 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 TVTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TVTX is up. |
| ChartMill Relative Strength | 95.2 | POSITIVE | TVTX has a high relative strength, it outperformed 95.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TVTX is below a declining 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) | 52.93 | NEUTRAL | The RSI value for TVTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests TVTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.29 | NEUTRAL | The Stochastics value for TVTX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for TVTX suggests some volalility. |
| Average Directional Index/ADX (14) | 26.97 | POSITIVE | The high ADX value value for TVTX suggests a strong trend. |
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 |
|---|---|---|---|
| 35.43 | 33.97 | 1.46 (4.12%) | 24.27% |
| An entry @35.43. This is a Buy Stop order right above the resistance zone. | An exit @33.97. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.46 points, which is 4.12%. | For a 1.00% total portfolio risk, you can invest 24.27% of your capital in this trade. |
- 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.
34.38
-0.13 (-0.38%)
TRAVERE THERAPEUTICS INC / TVTX FAQ
What is the ChartMill technical rating of TRAVERE THERAPEUTICS INC (TVTX) stock?
ChartMill assigns a technical rating of 10 / 10 to TVTX.
What is the current trend direction of TRAVERE THERAPEUTICS INC (TVTX) stock?
The current trend direction for TRAVERE THERAPEUTICS INC (TVTX) is Bullish.
What is the RSI signal for TRAVERE THERAPEUTICS INC (TVTX) stock?
TRAVERE THERAPEUTICS INC (TVTX) has an RSI value of 52.9263. This indicates that the stock is currently neutral.
What is the MACD signal for TRAVERE THERAPEUTICS INC (TVTX) stock?
The MACD indicator for TRAVERE THERAPEUTICS INC (TVTX) has a value of -0.419781, indicating a bearish trend.
Can you provide the short term momentum for TRAVERE THERAPEUTICS INC?
The short term momentum for TRAVERE THERAPEUTICS INC (TVTX) is positive.