FIRST TRUST RISING DIVIDEND (RDVY) Stock Technical Analysis
NASDAQ:RDVY - Nasdaq - US33738R5063 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to RDVY. RDVY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
RDVY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RDVY has an average volume of 1112650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, RDVY turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
RDVY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RDVY is lagging the market slightly.
Although RDVY has an excellent technical rating, it does not present a decent entry opportunity 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
52.18
65.02
We found 2 important support areas.
- A support zone ranging from 57.74 to 59.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.71 to 53.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 60.73 to 61.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 63.50 to 64.38. 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 | UP | POSITIVE | The long term trend for RDVY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDVY is up. |
| ChartMill Relative Strength | 65.49 | NEUTRAL | RDVY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDVY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDVY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RDVY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.87 | NEUTRAL | The RSI value for RDVY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RDVY has a negative trend. |
| Stochastics (14,3) | 55.15 | NEUTRAL | The Stochastics value for RDVY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for RDVY suggests low volalility. |
| Average Directional Index/ADX (14) | 21.02 | NEUTRAL | The ADX value for RDVY suggests a possible start of a new trend. |
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)
NASDAQ:RDVY (5/23/2025, 8:51:26 PM)
59.43
-0.54 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.9%
1 Week-3.4%
2 Weeks1.14%
1 Month4.83%
3 Month-2.97%
6 Month-6.73%
12 Month7.9%
2 Year34.88%
3 Year26.04%
5 Year96.92%
10 Year162.38%
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%1.43%
ATR Inc-6.41%
Range Today0.65
ADR(20)0.7
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.49
Mansfield-0.05
10 Day High61.58
10 Day Low59.01
20 Day High61.58
20 Day Low55.63
52 Week High64.63
52 Week Low50.27
CS1 End59.29
CR1 Start60.73
Volume & EV
DER(3)-2.91%
DER(5)-0.13%
Volume964.20K
Volume Incr-8.6%
Vol(5)795.56K
Vol(50)1.11M