Taking everything into account, RDVT scores 0 out of 10 in our technical rating. RDVT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of RDVT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
40.07
When analyzing the resistance we notice 5 important areas.
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 | DOWN | NEGATIVE | The long term trend for RDVT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RDVT is down. |
| ChartMill Relative Strength | 18.78 | NEGATIVE | RDVT has a low relative strength, it was outperformed by 81.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RDVT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RDVT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RDVT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 23.4 | OVERSOLD | The low RSI value suggests RDVT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests RDVT has a negative trend. |
| Stochastics (14,3) | 12.55 | OVERSOLD | The low Stochastics value suggests RDVT may be oversold. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for RDVT suggests high volalility. |
| Average Directional Index/ADX (14) | 37.21 | POSITIVE | The high ADX value value for RDVT suggests a strong trend. |
40.47
+0.78 (+1.97%)
ChartMill assigns a technical rating of 0 / 10 to RDVT.
The current trend direction for RED VIOLET INC (RDVT) is Bearish.
RED VIOLET INC (RDVT) has an RSI value of 23.4023. This indicates that the stock is currently oversold.
The MACD indicator for RED VIOLET INC (RDVT) has a value of -0.88587, indicating a bearish trend.
The short term momentum for RED VIOLET INC (RDVT) is negative.