RED VIOLET INC (RDVT) Stock Technical Analysis
NASDAQ:RDVT - Nasdaq - US75704L1044 - Common Stock - Currency: USD
Taking everything into account, RDVT scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RDVT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RDVT did better than 97% of all other stocks. On top of that, RDVT also shows a nice and consistent pattern of rising prices.
RDVT is one of the better performing stocks in the Software industry, it outperforms 95% of 281 stocks in the same industry.
RDVT is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RDVT slightly outperforms the market at the moment.
In the last month RDVT has a been trading in the 32.23 - 40.10 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RDVT has an excellent technical rating, the quality of the presented setup is not ideal 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
33.54
41.03
We found 5 important support areas.
- A support zone ranging from 36.79 to 38.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.16 from a trend line in the daily time frame.
- A support zone ranging from 35.02 to 35.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.45 from a horizontal line in the daily time frame.
- Support @33.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @40.62 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.45
Mansfield2.65
10 Day High40.1
10 Day Low35.22
20 Day High40.1
20 Day Low32.23
52 Week High43.44
52 Week Low17.65
Performance
1 Week6.51%
2 Weeks8.2%
1 Month7.52%
3 Month9.15%
6 Month32.21%
12 Month125.36%
2 Year101.47%
3 Year62.49%
5 Year116.87%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.38
RSI(14)60.52
LBB35.52
UBB40.06
39.73
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.03%
1 Week6.51%
2 Weeks8.2%
1 Month7.52%
3 Month9.15%
6 Month32.21%
12 Month125.36%
2 Year101.47%
3 Year62.49%
5 Year116.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.49
ATR(20)%5.05%
ATR Inc7.83%
Range Today0.47
ADR(20)1.91
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.45
Mansfield2.65
10 Day High40.1
10 Day Low35.22
20 Day High40.1
20 Day Low32.23
52 Week High43.44
52 Week Low17.65
CS1 End38.05
CR1 Start40.62
Volume & EV
DER(3)-0.02%
DER(5)0.99%
Volume57.40K
Volume Incr53.88%
Vol(5)117.56K
Vol(50)87.64K