We assign a technical rating of 0 out of 10 to SAVA. SAVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SAVA is a bad performer in the overall market: 97% of all stocks are doing better.
SAVA is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 80% are performing better than SAVA.
SAVA is currently trading near the lower end of its 52 week range, which is not a good sign. SAVA is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SAVA has a been trading in the 1.15 - 1.79 range, which is quite wide. It is currently trading near the high of this range.
SAVA has an average volume of 1766890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.