TRVN resistance levels
Next resistance areas above the price
Prices above the last close where TRVN made swing highs and turned lower before, nearest first.
| # | Area | Above close | What happened there | Volume |
|---|---|---|---|---|
| 1 | $4.69 to $4.85 | +25.5% 1.5 ATR | 2 swing highs: Aug 20, 2024 at $4.85, Aug 28, 2024 at $4.70 5 sessions traded up into it and closed below it; last traded in Sep 20, 2024 (6 sessions ago); last closed above it Sep 18, 2024. | 0.4% |
| 2 | $7.77 to $7.93 | +107.7% 6.2 ATR | 1 swing high: Sep 10, 2024 at $7.85 1 session traded up into it and closed below it; last traded in Sep 11, 2024 (13 sessions ago). | 0.2% |
Showing 2 of 5: only 2 areas sit above the close in our data. We don’t fill the list with estimated levels.
For context, not areas: high since Jul 1, 2024 $7.85 · 50-day average $3.17 (averages move every day).
Built from 64 daily sessions, Jul 1, 2024 to Sep 30, 2024 (end-of-day data; our history starts Jul 1, 2024). A swing high is the highest high within 5 sessions on each side, so the last 5 sessions cannot form one yet. Swing highs within half an ATR of each other form one area (ATR $0.6471, the average daily range over 14 sessions). Volume share spreads each session’s volume evenly across its high-low range, so it is an approximation.
Formula pivots by timeframe
Arithmetic on each prior period’s high, low and close. No trading took place at these prices.
| Timeframe | S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Daily | $3.64 | $3.75 | $3.86 | $3.97 | $4.08 | $4.19 | $4.30 |
| Weekly | $2.88 | $3.25 | $3.61 | $3.98 | $4.34 | $4.71 | $5.07 |
| Monthly | $-3.5526 | $-1.6911 | $1.12 | $2.99 | $5.80 | $7.66 | $10.48 |
Every formula level vs the current price
| Price | Side | From |
|---|---|---|
| $0.1703 | support | 52-week low |
| $1.12 | support | Monthly S1 |
| $2.88 | support | Weekly S3 |
| $2.99 | support | Monthly Pivot |
| $3.25 | support | Weekly S2 |
| $3.61 | support | Weekly S1 |
| $3.64 | support | Daily S3 |
| $3.75 | resistance | Daily S2 |
| $3.86 | resistance | Daily S1 |
| $3.97 | resistance | Daily Pivot |
| $3.98 | resistance | Weekly Pivot |
| $4.08 | resistance | Daily R1 |
| $4.19 | resistance | Daily R2 |
| $4.30 | resistance | Daily R3 |
Keep going: TRVN workspace · TRVN max pain & open interest · look up another ticker · SMA 200 trend
TRVN resistance & support FAQ
What are TRVN's resistance levels?
As of Sep 30, 2024, the nearest resistance area above TRVN's $3.74 close is $4.69 to $4.85, 25.5% higher, where it made 2 swing highs. 2 areas sit above the close in our data; the table lists up to 25, nearest first.
How are the resistance areas found?
From the stock’s own daily trading since Jul 1, 2024, adjusted for splits. A swing high is the highest high within 5 sessions on each side; swing highs within half an average daily range (ATR) of each other form one area. Each area lists the dates it was made, how many sessions traded into it and closed below it, and the share of volume traded inside it. No score is blended from these.
Do these areas predict where price will stop?
No, and we tested it. On 136 stocks, price that reached the nearest area failed to close above it within 5 sessions 33.4% of the time (427 of 1277), against 33.3% at random bands of the same width (408 of 1227). That is no measurable difference. They describe where price turned before; they are not a forecast or a recommendation.
How are the pivots calculated?
Classic floor-trader pivots: the pivot point is the average of the prior period’s high, low and close, and the support and resistance rungs are symmetric multiples around it. They are arithmetic, so no trading took place at those prices.