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.
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.
48.93
We found 2 important support areas.
We found 1 important resistance area.
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. |
58.08
+0.11 (+0.19%)
ChartMill assigns a technical rating of 9 / 10 to RAVN.
The current trend direction for Raven Industries Inc (RAVN) is Bullish.
Raven Industries Inc (RAVN) has an RSI value of 68.0616. This indicates that the stock is currently neutral.
The short term momentum for Raven Industries Inc (RAVN) is positive.
The buy/sell signal for Raven Industries Inc (RAVN) is buy as both the short term and long term trends are positive.