Taking everything into account, REVB scores 0 out of 10 in our technical rating. REVB'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, REVB is a bad performer in the overall market: 99% of all stocks are doing better.
- REVB is part of the Biotechnology industry. There are 525 other stocks in this industry, of which 89% are performing better than REVB.
- REVB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- In the last month REVB has a been trading in the 0.60 - 1.45 range, which is quite wide. It is currently trading near the high of this range.
- REVB has an average volume of 2326450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of REVB 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.
More info and screens
0.64
We can see 2 important resistance areas.
- A resistance zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.93 from a trend line in the daily time frame.
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 REVB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REVB is neutral. |
| ChartMill Relative Strength | 1.74 | NEGATIVE | REVB has a low relative strength, it was outperformed by 98.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REVB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REVB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REVB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.33 | OVERSOLD | The low RSI value suggests REVB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests REVB has a negative trend. |
| Stochastics (14,3) | 29.89 | NEUTRAL | The Stochastics value for REVB is a neutral value. |
| Average True Range in percent/ATR (20) | 17.74 | HIGH VOLATILITY | The high ATR as a percentage value for REVB suggests high volalility. |
| Average Directional Index/ADX (14) | 16.14 | NEGATIVE | The low ADX value for REVB suggests a weak or negative trend. |
0.6459
-0.21 (-24.4%)
REVELATION BIOSCIENCES INC / REVB FAQ
Can you provide the ChartMill technical rating for REVELATION BIOSCIENCES INC?
ChartMill assigns a technical rating of 0 / 10 to REVB.
What is the trend direction for REVB stock?
The current trend direction for REVELATION BIOSCIENCES INC (REVB) is Bearish.
What is the RSI signal for REVB stock?
REVELATION BIOSCIENCES INC (REVB) has an RSI value of 26.3291. This indicates that the stock is currently oversold.
What is the short term momentum for REVELATION BIOSCIENCES INC (REVB) stock?
The short term momentum for REVELATION BIOSCIENCES INC (REVB) is neutral.
What is the support and resistance level for REVB stock?
REVELATION BIOSCIENCES INC (REVB) has a resistance level at 0.87. Check the full technical report for our detailed analysis of REVB support and resistance levels.