TRAVERE THERAPEUTICS INC (TVTX)

US89422G1076 - Common Stock

18.25  -0.01 (-0.05%)

After market: 18.25 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to TVTX. 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.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TVTX did better than 98% of all other stocks. We also observe that the gains produced by TVTX over the past year are nicely spread over this period.
TVTX is part of the Biotechnology industry. There are 565 other stocks in this industry. TVTX outperforms 96% of them.
TVTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TVTX is lagging the market slightly.
In the last month TVTX has a been trading in the 16.77 - 20.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TVTX has an average volume of 1913710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
TVTX Weekly chart
TVTX Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, TVTX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.17, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.12

20.05

We found 3 important support areas.

  • A support zone ranging from 17.72 to 18.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 17.30 to 17.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @11.23 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 19.85 to 19.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.44
Mansfield6.67
10 Day High20.33
10 Day Low16.86
20 Day High20.33
20 Day Low16.77
52 Week High20.33
52 Week Low5.12
Performance
1 Week2.99%
2 Weeks-8.06%
1 Month4.11%
3 Month103.23%
6 Month196.27%
12 Month209.85%
2 Year-9.34%
3 Year-36.08%
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)-0.16
RSI(14)55.75
LBB16.76
UBB19.56
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
19.8617.712.15 (10.83%)9.24%
An entry @19.86. This is a Buy Stop order right above the resistance zone.An exit @17.71. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.15 points, which is 10.83%.When investing 9.24% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
TVTX Daily chart

TRAVERE THERAPEUTICS INC

NASDAQ:TVTX (11/22/2024, 8:10:05 PM)

After market: 18.25 0 (0%)

18.25

-0.01 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.05%
1 Week2.99%
2 Weeks-8.06%
1 Month4.11%
3 Month103.23%
6 Month196.27%
12 Month209.85%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.05
ATR(20)%6%
ATR Inc
Range Today0.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.33
10 Day Low16.86
20 Day High20.33
20 Day Low16.77
52 Week High20.33
52 Week Low5.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.10M
Volume Incr-20.72%
Vol(5)1.12M
Vol(50)1.91M