Logo image of RAVN

Raven Industries Inc (RAVN) Stock Technical Analysis

USA - Nasdaq - NASDAQ:RAVN - Common Stock

58.08
+0.11 (+0.19%)
Last: 11/29/2021, 8:34:16 PM
58.02
-0.06 (-0.1%)
After Hours: 11/29/2021, 8:34:16 PM
Technical Rating and Analysis

10

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.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RAVN did better than 94% of all other 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.
Weekly and Daily overview Charts
Raven Industries Inc / RAVN Weekly stock chart
Raven Industries Inc / RAVN Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

48.93

60.00

We found 2 important support 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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RAVN is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for RAVN is up.
ChartMill Relative Strength94.43POSITIVERAVN has a high relative strength, it outperformed 94.43% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of RAVN is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RAVN is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of RAVN is above the rising SMA(200).
Relative Strength Index/RSI (14)68.06NEUTRALThe RSI value for RAVN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests RAVN has a positive trend.
Stochastics (14,3)63.35NEUTRALThe Stochastics value for RAVN is a neutral value.
Average True Range in percent/ATR (20)0.29LOW VOLATILITYThe low ATR as a percentage value for RAVN suggests low volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Raven Industries Inc / RAVN Daily stock chart

Raven Industries Inc

NASDAQ:RAVN (11/29/2021, 8:34:16 PM)

After market: 58.02 -0.06 (-0.1%)

58.08

+0.11 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryIndustrial Conglomerates
Performance
% Chg0.19%
1 Week0.45%
2 Weeks0.48%
1 Month0.45%
3 Month-0.46%
6 Month28.35%
12 Month104.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.29%
ATR Inc22.5%
Range Today0.24
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.43
3 months CRSN/A
6 months CRSN/A
Mansfield1.18
10 Day High58.22
10 Day Low57.78
20 Day High58.59
20 Day Low57.72
52 Week High59.6
52 Week Low28.11
CS1 End58.06
CR1 Start58.69
Volume & EV
DER(3)3.41%
DER(5)3.11%
Volume1.60M
Volume Incr329.88%
Vol(5)484.36K
Vol(50)207.18K

Raven Industries Inc / RAVN FAQ

Can you provide the ChartMill technical rating for Raven Industries Inc?

ChartMill assigns a technical rating of 9 / 10 to RAVN.


Can you provide the trend direction for Raven Industries Inc?

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 short term momentum for Raven Industries Inc (RAVN) stock?

The short term momentum for Raven Industries Inc (RAVN) is positive.


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.