FT VEST RISING DIVIDEND ACHI (RDVI) Stock Technical Analysis
NYSEARCA:RDVI - NYSE Arca - US33738D8790 - ETF - Currency: USD
We assign a technical rating of 6 out of 10 to RDVI. In the past year, RDVI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, RDVI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RDVI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.16
When analyzing the support we notice one important area.
- A support zone ranging from 21.37 to 21.57. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 24.15 to 24.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.81 to 24.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @25.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.24 to 26.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for RDVI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDVI is up. |
| ChartMill Relative Strength | 51.93 | NEUTRAL | RDVI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RDVI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RDVI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.24 | NEUTRAL | The RSI value for RDVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RDVI has a negative trend. |
| Stochastics (14,3) | 86.41 | OVERBOUGHT | The high Stochastics value suggests RDVI may be overbought. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for RDVI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for RDVI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.40 | 23.81 | 0.59 (2.42%) | 25.00% |
| An entry @24.40. This is a Buy Stop order right above the resistance zone. | An exit @23.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.59 points, which is 2.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:RDVI (6/13/2025, 10:42:05 AM)
24.105
-0.2 (-0.8%)