Trvn a good day trade

Trevena, Inc. (TRVN) does not appear to be a promising candidate for day trading. Here's why:

1. Technical Indicators Suggest Caution: The overall rating for TRVN from technical analysis is a "strong sell" based on moving averages. Additionally, the stock has recently formed a bullish hammer candlestick pattern, which could indicate an upside reversal. However, given the stock's strong downtrend, it may remain oversold for a while. This suggests that while there might be short-term upside potential, the overall trend is still downward, making it risky for day trading.

2. Insider Activity: There is no recent insider trading activity available, which can be an indicator of confidence or lack of confidence from those with knowledge of the company's operations.

3. Stock Performance and Volatility: TRVN has experienced a significant decline, with a 52-week range of $0.1941 to $1.1200. The stock's volatility could be high, which is typical for day trading. However, the recent price action and the bearish trend may lead to significant losses if the market sentiment does not improve.

4. Market Sentiment and News: There is no recent news specifically related to TRVN that would indicate a positive or negative sentiment that could influence day trading decisions.

In conclusion, while day trading may be suitable for some stocks, the current technical analysis and recent performance of TRVN suggest that it is not a favorable choice for day traders. The bearish trend, potential for further price declines, and lack of specific positive catalysts make it a higher-risk investment. It's important to note that day trading involves significant risk, and it's crucial to conduct thorough research and consider multiple factors before making such investment decisions.