Innoviva is only slightly up on the day, shares traded 0.04% higher on the day. INVA is currently at a weak resistance line, price may carry its momentum forward and break through or potentially reverse and head down lower. Hard to say, I probably wouldn't bet the farm on
that alone... Innoviva hasn't looked that great recently. We may get more sellers coming in on supply zones, but maybe the buyers finally think it's a good deal, I guess we'll see.
If the price breaks through the resistance level it will probably move up to the $12.35 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $10.68 level, hard to say where it will go from there though.
The balance of viewpoints by the analysts is positive. The current Analysts Sentiment Score is 50.29. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. EF Hutton Acquisition Co. announced that they are reiterating a rating of Buy on 2023-03-03 and they set their price target at $22.50. On 2023-03-03 The Goldman Sachs Group lowered their price target by -13.33% to $13.00. Morgan Stanley announced a lowering of their price target to $10.00 from $13.00 on 2023-03-03.
Company | Ratings Score
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Composite analyst sentiment score
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Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
---|---|---|---|---|---|
INVA | 50.29 | 79.09 | 0 | 79.09 | -57.59 |
Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
---|---|---|
INVA | 32.21 | 11.36 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
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Short Interest | Days to Cover | Rate of Change | Shares Short |
---|---|---|---|---|---|
INVA | 16.02 | %14.8 | 17.5 | -1.65 | 10240000 |
Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Biotechnology | 367 | -1.10 | 1.19 | -11.57 | -8.22 | -2.47 | -23.58 | 46.91 | -20.84 | -20.68 | -18.66 | -36602.19 | -4284.59 | 2.86 | 18.32 | 6.54 | 49.80 |
Healthcare | 616 | -0.36 | 1.51 | -8.75 | -4.82 | -1.11 | -25.20 | 49.23 | -15.97 | -17.50 | -18.07 | -31456.04 | -5328.94 | 4.91 | 14.00 | 5.93 | 36.77 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
Ticker | Social Sentiment(1-10) |
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INVA | 5.00 |
Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICPT | Intercept Pharmaceuticals | 0.21 | -1.63 | 0.63 | -34.50 | 5.41 | -17.46 | -16.59 | 26 | -10.27 | -5.09 | 4.15 | -8925.40 | -1120.49 | 0 | 100 | 8.37277 |
VKTX | Viking Therapeutics, Inc | 0.19 | 8.79 | 95.82 | 46.49 | 105.82 | 530.18 | 468.20 | 66 | 77.24 | 70.70 | 57.93 | 0.00 | -30667.94 | 0 | 0 | 1.84923 |
PCRX | Pacira BioSciences, Inc. | 0.18 | -1.45 | 2.66 | -4.45 | 3.88 | -25.92 | -46.90 | 59 | -15.14 | -39.30 | -86.35 | -24156.22 | -2228.48 | 0 | 0 | 9.36941 |
MYGN | Myriad Genetics Inc | 0.17 | -3.43 | -5.02 | -3.14 | 40.72 | 15.48 | -11.72 | 51 | 29.33 | 20.91 | 21.08 | -1743.12 | -4622.26 | 0 | 0 | 5.5852 |
IRDM | Iridium Communications In | 0.16 | 0.34 | 2.34 | -2.11 | 15.20 | 37.30 | 49.76 | 60 | 70.98 | 133.89 | 150.27 | -401.96 | -16299.95 | 0 | 0 | 7.55437 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.