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Is INVA poised for a decline? 50 Day Moving Average Resistance shows up after dropping 1.07%

SwingTradeBot Nightly Stock Scan: Innoviva, Inc. (INVA) — Technical Patterns & Alerts · Sep 16, 2025, 17:34 ET
On Tuesday, September 16th, INVA moved down 1.07% while volume increased to 1.4× the usual levels. Multiple bearish signals emerged — 50 DMA Resistance and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 19.15, 18.95 & 18.66, with resistance at 19.63, 19.92 & 20.12. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of INVA: D

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Innoviva, Inc. (INVA)