Raven Industries Inc (RAVN) Technical Analysis
NASDAQ:RAVN
Current stock price
RAVN Technical Rating and Analysis
Taking everything into account, RAVN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RAVN is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- 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 6 stocks in the same industry.
- RAVN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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
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.
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 Raven Industries Inc (RAVN) stock?
Raven Industries Inc (RAVN) has an RSI value of 68.0616. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Raven Industries Inc?
The short term momentum for Raven Industries Inc (RAVN) is positive.
What is the support and resistance level for RAVN stock?
Raven Industries Inc (RAVN) has a support level at 58.06 and a resistance level at 58.69. Check the full technical report for our detailed analysis of RAVN support and resistance levels.