REV GROUP INC (REVG) Stock Technical Analysis
USA - NYSE:REVG - US7495271071 - Common Stock
Overall REVG gets a technical rating of 5 out of 10. In the last year, REVG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
REVG has an average technical rating and also 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
33.53
We found 2 important support areas.
- A support zone ranging from 50.50 to 52.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.87 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @60.57 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 | UP | POSITIVE | The long term trend for REVG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for REVG is down. |
| ChartMill Relative Strength | 89.99 | POSITIVE | REVG has a high relative strength, it outperformed 89.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of REVG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of REVG is below a declining 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) | 40.87 | NEUTRAL | The RSI value for REVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests REVG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.42 | OVERSOLD | The low Stochastics value suggests REVG may be oversold. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for REVG suggests some volalility. |
| Average Directional Index/ADX (14) | 25.27 | POSITIVE | The high ADX value value for REVG suggests a strong trend. |
52.64
+1.21 (+2.35%)
REV GROUP INC / REVG FAQ
What is the technical rating for REVG stock?
ChartMill assigns a technical rating of 5 / 10 to REVG.
What is the trend direction for 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 40.8651. This indicates that the stock is currently neutral.
What is the MACD signal for REVG stock?
The MACD indicator for REV GROUP INC (REVG) has a value of -0.52443, indicating a bearish trend.
What is the short term momentum for REVG stock?
The short term momentum for REV GROUP INC (REVG) is negative.