Previous Hold Today TRVN ranks #2639 as HOLD CANDIDATE. Next Hold
Today TRVN ranks #2639 as HOLD CANDIDATE.

TRVN stock Trevena

TRVN stock
Trevena

April 18, 2019
Change 0.00%
Chart period: 2019-01-22 - 2019-04-18
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Social Sentiment for TRVN

Today's data is from 6 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
83%
17%
Weighted Sentiment 0.20

Will TRVN stock price go up or down on Mon, 22 Apr 2019?

Trevena Forecast and Stock Analysis

Technical TRVN stock analysis for April 18, 2019.

Hold candidate since 2019-04-18
Shorts n/a
Cash n/a
Loans n/a
Beta 2.60
ROA -45.14

No changes to the price of Trevena in the last trading day. The price has fallen in 6 of the last 10 days and is down by -3.85% for this period.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the TRVN stock was $1.50.

During day the stock fluctuated 5.59% from a day low at $1.43 to a day high of $1.51.

30 day high of the TRVN stock price was $2.00 and low was $1.43.
90 day high was $2.00 and low was $0.51.
52 week high for the Trevena - $3.58 and low - $0.38.

Trend

Trevena lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 43.73% during the next 3 months and, with 90% probability hold a price between $1.66 and $3.04 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Wednesday April 17, 2019, which indicates further gains until a new top pivot has been found. The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Trevena holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $1.53 and $1.56. A break-up above any of these levels will issue buy signals.

The stock had a Golden Star Signal* on Friday January 25, 2019 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

A buy signal from a double bottom formation was found on Wednesday April 17, 2019 and based on theory for this formation the price should go up by 0.03% to $1.53 within 2 trading days since signal was issued (Monday April 22, 2019).

Relative Strength Index (RSI)

RSI14 is 41 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $1.35 and $1.27.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Trevena finds support just below today's level at $1.35. If this is broken, then the next support from accumulated volume will be at $1.27 and $1.19.

Support: $1.35 Price: $1.50 Resistance: $1.55

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.08 (5.59%) between high and low. For the last week, the stock has had a daily average volatility of 5.25%.

Our recommended stoploss: $1.40 (-6.54%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Trevena holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Previous Hold Today TRVN ranks #2639 as HOLD CANDIDATE. Next Hold
Today TRVN ranks #2639 as HOLD CANDIDATE.