REV GROUP INC (REVG) Stock Technical Analysis
NYSE:REVG - US7495271071 - Common Stock
53.21 USD
-0.57 (-1.06%)
53.21 USD
0 (0%)
We assign a technical rating of 10 out of 10 to REVG. Both in the recent history as in the last year, REVG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that REVG is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, REVG also shows a nice and consistent pattern of rising prices.
REVG is one of the better performing stocks in the Machinery industry, it outperforms 90% of 127 stocks in the same industry.
REVG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month REVG has a been trading in the 48.26 - 54.68 range, which is quite wide. It is currently trading near the high of this range.
REVG has an excellent technical rating, but the quality of the setup is only medium 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
31.63
55.12
5 important support areas can be observed.
- A support zone ranging from 51.88 to 52.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 49.34 to 49.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 46.08 to 46.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.42 from a trend line in the weekly time frame.
- A support zone ranging from 31.95 to 32.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @54.57 from a horizontal 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 | UP | POSITIVE | The long term trend for REVG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REVG is up. |
| ChartMill Relative Strength | 92.76 | POSITIVE | REVG has a high relative strength, it outperformed 92.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REVG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REVG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REVG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.36 | NEUTRAL | The RSI value for REVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests REVG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.58 | OVERBOUGHT | The high Stochastics value suggests REVG may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for REVG suggests some volalility. |
| Average Directional Index/ADX (14) | 30.2 | POSITIVE | The high ADX value value for REVG suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.58 | 51.87 | 2.71 (4.97%) | 20.14% |
| An entry @54.58. This is a Buy Stop order right above the resistance zone. | An exit @51.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.71 points, which is 4.97%. | For a 1.00% total portfolio risk, you can invest 20.14% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
53.21
-0.57 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.06%
1 Week1.72%
2 Weeks1.72%
1 Month10.01%
3 Month41.93%
6 Month74.46%
12 Month67.12%
2 Year291.83%
3 Year361.89%
5 Year586.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%2.61%
ATR Inc13.22%
Range Today1.16
ADR(20)1.36
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.76
Mansfield3.7
10 Day High54.68
10 Day Low50.16
20 Day High54.68
20 Day Low48.26
52 Week High54.68
52 Week Low21.54
CS1 End52.77
CR1 Start54.57
Volume & EV
DER(3)2.95%
DER(5)1.81%
Volume513.64K
Volume Incr-10.87%
Vol(5)558.56K
Vol(50)640.38K