Raven Industries Inc (RAVN) Technical Analysis
NASDAQ:RAVN
Current stock price
RAVN Technical Rating and Analysis
Overall RAVN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RAVN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that RAVN is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, RAVN also shows a nice and consistent pattern of rising prices.
- RAVN is one of the better performing stocks in the Industrial Conglomerates industry, it outperforms 100% of 7 stocks in the same industry.
- RAVN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RAVN is leading the market.
- In the last month RAVN has a been trading in a tight range between 57.72 and 58.59.
- Volume is considerably higher in the last couple of days.
RAVN Weekly and Daily overview Charts
RAVN Setup Rating and Analysis
Although RAVN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
RAVN Support and Resistance Analysis
48.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 57.32 to 58.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.42 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 58.69 to 59.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
RAVN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RAVN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAVN is up. |
| ChartMill Relative Strength | 94.43 | POSITIVE | RAVN has a high relative strength, it outperformed 94.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAVN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAVN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAVN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.06 | NEUTRAL | The RSI value for RAVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RAVN has a positive trend. |
| Stochastics (14,3) | 63.35 | NEUTRAL | The Stochastics value for RAVN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for RAVN suggests low volalility. |
RAVN Chart- and CandleStick Pattern Analysis
RAVN Technicals: Chart, Performance Metrics, Trend & Indicators
58.08
+0.11 (+0.19%)
Raven Industries Inc / RAVN TA FAQ
Can you provide the ChartMill technical rating for Raven Industries Inc?
ChartMill assigns a technical rating of 9 / 10 to RAVN.
What is the current trend direction of Raven Industries Inc (RAVN) stock?
The current trend direction for Raven Industries Inc (RAVN) is Bullish.
What is the RSI signal for RAVN stock?
Raven Industries Inc (RAVN) has an RSI value of 68.0616. This indicates that the stock is currently neutral.
What is the MACD signal for Raven Industries Inc (RAVN) stock?
The MACD indicator for Raven Industries Inc (RAVN) has a value of 0.0146289, indicating a bearish trend.
Can you provide the buy/sell signal for Raven Industries Inc?
The buy/sell signal for Raven Industries Inc (RAVN) is buy as both the short term and long term trends are positive.