REV GROUP INC (REVG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:REVG - US7495271071 - Common Stock
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.
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.
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34.67
5 important support areas can be observed.
- A support zone ranging from 63.47 to 63.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @60.81 from a horizontal line in the daily time frame.
- Support @54.79 from a trend line in the weekly time frame.
- Support @53.21 from a trend line in the daily time frame.
- Support @35.02 from a trend line in the weekly 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 | 94.41 | POSITIVE | REVG has a high relative strength, it outperformed 94.41% 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) | 73.7 | OVERBOUGHT | The high RSI value suggests REVG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests REVG has a positive trend. |
| Stochastics (14,3) | 90.82 | OVERBOUGHT | The high Stochastics value suggests REVG may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for REVG suggests some volalility. |
| Average Directional Index/ADX (14) | 35.54 | POSITIVE | The high ADX value value for REVG suggests a strong trend. |
67.06
+0.91 (+1.38%)
REV GROUP INC / REVG 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 REVG stock?
REV GROUP INC (REVG) has an RSI value of 73.7028. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for REV GROUP INC?
The buy/sell signal for REV GROUP INC (REVG) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for REV GROUP INC?
REV GROUP INC (REVG) has a support level at 63.62. Check the full technical report for our detailed analysis of REVG support and resistance levels.