Markets

TerraVia Holdings, (NASDAQ:TVIA) Is Driving on Undecided Technical Signals

TerraVia Holdings, Inc. (NASDAQ:TVIA) fell by -10.48% in the last day from $0.25 to $0.22 The price has fallen in 6 of the last 10 days and is down by -5.61% over the same course of time. There was a decrease in both volume and price. This is usually interpreted as a good sign as traders widely believe falling stock should see declining volume. Traded activity experienced a fall of -2.79 million shares and in total 2.24 M shares exchanged hands for about $496 933.

Inside TVIA’s Recent Trend

TerraVia Holdings, Inc. (TVIA) lies in the middle of a very wide and falling trend in the short term and pointed towards extra losses. Short-term traders are anticipated to see a retreat of -44.20% over the course of a quarter and, with 90% chance the price will be floating in the range of $0.02 and $0.17 in this timeframe.

TerraVia Holdings, Inc. Technical Signals



TVIA is a buy based on short-term MA; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On additional rally, the share price will meet long term resistance at around $0.26. On a drop, the stock is likely to find some support over the short run, which begins at $0.22. A buy signal will be generated if it crosses above the long term moving average.Meanwhile, a price down versus the short-term MA will be a fresh sales call. Its pivot point high generated sell signal on Monday July 17, 2017, which calls for additional declines until the stock forms a new pivot point low, as this could be a buying opportunity. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

TerraVia Holdings, Inc. (NASDAQ:TVIA) Support And Resistance Levels

TerraVia Holdings, Inc. (TVIA) recorded volume accumulation so there will probably be a surplus of buyers at $0.21, $0.21, and $0.20. In case of gains, the next resistance from accumulated volume will be at $0.23, $0.25 and $0.22.




TerraVia Holdings, Inc. (TVIA) Risk Assessment

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be high risk. In the most recent session, the stock price hovered around $0.04 between high and low, or 18.60%. For the last week the stock has had a daily average volatility of 19.44%.

 

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