REV GROUP INC (REVG) Technical Analysis
NYSE:REVG • US7495271071
Current stock price
REVG Technical Rating and Analysis
Overall REVG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, REVG is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, REVG did better than 93% of all other stocks. We also observe that the gains produced by REVG over the past year are nicely spread over this period.
- REVG is one of the better performing stocks in the Machinery industry, it outperforms 94% of 131 stocks in the same industry.
- REVG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so REVG is lagging the market slightly.
- In the last month REVG has a been trading in the 60.43 - 69.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
REVG Weekly and Daily overview Charts
REVG Setup Rating and Analysis
Although REVG 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
REVG Support and Resistance Analysis
35.10
We found 5 important support areas.
- A support zone ranging from 63.89 to 63.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.70 from a trend line in the weekly time frame.
- Support @53.68 from a trend line in the daily time frame.
- Support @51.14 from a trend line in the daily time frame.
- Support @35.45 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 66.59 to 67.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.95 from a horizontal line in the daily time frame.
REVG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for REVG is neutral. |
| ChartMill Relative Strength | 93.29 | POSITIVE | REVG has a high relative strength, it outperformed 93.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of REVG is below 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) | 46.33 | NEUTRAL | The RSI value for REVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests REVG has a negative trend. |
| Stochastics (14,3) | 14.98 | OVERSOLD | The low Stochastics value suggests REVG may be oversold. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for REVG suggests some volalility. |
| Average Directional Index/ADX (14) | 28.93 | POSITIVE | The high ADX value value for REVG suggests a strong trend. |
REVG Chart- and CandleStick Pattern Analysis
REVG Technicals: Chart, Performance Metrics, Trend & Indicators
63.9
-1.3 (-1.99%)
REV GROUP INC / REVG TA FAQ
What is the technical rating for REVG stock?
ChartMill assigns a technical rating of 10 / 10 to REVG.
What is the current trend direction of REV GROUP INC (REVG) stock?
The current trend direction for REV GROUP INC (REVG) is Bullish.
What is the RSI signal for REV GROUP INC (REVG) stock?
REV GROUP INC (REVG) has an RSI value of 46.3287. This indicates that the stock is currently neutral.
What is the MACD signal for REV GROUP INC (REVG) stock?
The MACD indicator for REV GROUP INC (REVG) has a value of -0.709851, indicating a bearish trend.