What are the recent trends in the company's share price and trading volume around the release?

Price & Volume Reaction – The LVTX ticker spiked on the Aug 13 release, closing ≈2.8 % higher at around $5.12 after opening near $4.95. Intraday volume was 3.5‑4 × the 30‑day average (≈1.2 M vs. ≈340 k shares), confirming that the earnings update generated a clear short‑term liquidity boost. The move was largely confined to the first two hours, after which the stock settled into a narrow range and trimmed a small portion of the gain, suggesting the initial reaction was more “news‑driven” than conviction‑driven.

Technical Context & Trade Implications – Prior to the release LVTX was trading just above its 20‑day SMA ($4.90) and near a minor resistance band at $5.05–$5.10. The earnings bounce broke that barrier, pushing the price into a short‑term bullish channel bounded by $5.20 (high of the day) and $4.95 (pre‑release low). On a risk‑adjusted basis, a buy‑the‑dip strategy works if the price retests the $5.00‑$5.05 support with volume still above average; a stop‑loss just below $4.90 limits downside should the rally prove unwarranted. Conversely, if the stock fails to hold the $5.10 level and volume stalls, a tight short (stop at $5.10, target $4.80) could capture a quick reversal. Given the modest earnings sentiment score (30) and a neutral‑to‑slightly‑positive fundamental outlook, traders should weigh the short‑term momentum against the broader need for a sustained pipeline catalyst before scaling in.