Roviant Sciences Ltd (ROIV) is a biotech company engaged in developing new medicines. They have a product portfolio of drugs to treat various diseases and illnesses.
The technical analysis of Roivant Sciences indicates a higher trend in the stock, but it is currently in a consolidation phase. The stock is trading within a range, indicating a period of indecision in the market.
However, the critical level to watch is 12. If the stock breaks above this level, it suggests a bullish bias and the potential for further upward movement.
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