INNOVIVA INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	INVA
ISIN:

INNOVIVA INC. - Daily - Technical analysis published on 08/12/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Strongly bearish

Technical indicators

22%

50%

28%

My opinion

Bearish under 11.71 USD

My targets

9.37 USD (-18.02%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on INNOVIVA INC. as long as the price remains well below 11.71 USD. The sellers” bearish objective is set at 9.37 USD. A bearish break of this support would revive the bearish momentum. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

INNOVIVA INC. rating 11.43 USD. The price registered a decrease of -1.38% on the session with the lowest point at 11.22 USD and the highest point at 11.75 USD. The deviation from the price is +1.87% for the low point and -2.72% for the high point.

11.22

11.75

11.43

The Central Gaps scanner detects a bullish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of INNOVIVA INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	9.37	11.43	11.71	13.08	15.89
Change (%)	-18.02%	-	+2.45%	+14.44%	+39.02%
Change	-2.06	-	+0.28	+1.65	+4.46
Level	Intermediate	-	Intermediate	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.12	11.22	11.41	11.51	11.70	11.80	11.99
Camarilla	11.51	11.54	11.56	11.59	11.62	11.64	11.67
Woodie	11.16	11.24	11.45	11.53	11.74	11.82	12.03
Fibonacci	11.22	11.33	11.40	11.51	11.62	11.69	11.80

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	10.55	10.98	11.31	11.74	12.07	12.50	12.83
Camarilla	11.42	11.49	11.56	11.63	11.70	11.77	11.84
Woodie	10.49	10.96	11.25	11.72	12.01	12.48	12.77
Fibonacci	10.98	11.27	11.45	11.74	12.03	12.21	12.50

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	6.54	8.73	10.31	12.50	14.08	16.27	17.85
Camarilla	10.84	11.19	11.53	11.88	12.23	12.57	12.92
Woodie	6.23	8.58	10.00	12.35	13.77	16.12	17.54
Fibonacci	8.73	10.17	11.06	12.50	13.94	14.83	16.27

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	30.08
MACD (12,26,9):	-0.6700
Directional Movement:	-20.44
AROON (14):	-21.43
DEMA (21):	11.35
Parabolic SAR (0,02-0,02-0,2):	10.93
Elder Ray (13):	-0.37
Super Trend (3,10):	12.48
Zig ZAG (10):	11.43
VORTEX (21):	0.7100
Stochastique (14,3,5):	20.12
TEMA (21):	11.04
Williams %R (14):	-78.81
Chande Momentum Oscillator (20):	-1.60
Repulse (5,40,3):	0.6700
ROCnROLL:	2
TRIX (15,9):	-0.7000
Courbe Coppock:	26.49

MA7:	11.48
MA20:	12.32
MA50:	13.43
MA100:	13.79
MAexp7:	11.55
MAexp20:	12.21
MAexp50:	13.09
MAexp100:	13.78
Price / MA7:	-0.44%
Price / MA20:	-7.22%
Price / MA50:	-14.89%
Price / MA100:	-17.11%
Price / MAexp7:	-1.04%
Price / MAexp20:	-6.39%
Price / MAexp50:	-12.68%
Price / MAexp100:	-17.05%

News

The last news published on INNOVIVA INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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