NYSEARCA:RDVI - NYSE Arca - US33738D8790 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to RDVI. RDVI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, 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 23.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.52, a Stop Loss order could be placed below this zone.
21.16
2 important support areas can be observed.
3 important resistance areas can be observed.
22.93
-0.08 (-0.35%)