Taking everything into account, RIDV scores 2 out of 10 in our technical rating. RIDV'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.
RIDV has a poor technical rating and the quality of the setup is also 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.
22.81
2 important support areas can be observed.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for RIDV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RIDV is neutral. |
| ChartMill Relative Strength | 37.86 | NEUTRAL | RIDV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RIDV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RIDV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RIDV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.16 | NEUTRAL | The RSI value for RIDV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RIDV has a positive trend. |
| Stochastics (14,3) | 93.23 | OVERBOUGHT | The high Stochastics value suggests RIDV may be overbought. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for RIDV suggests low volalility. |
Oppenheimer International Ultra Dividend Revenue
NYSEARCA:RIDV (2/14/2020, 8:00:00 PM)
23.69
-0.05 (-0.21%)
ChartMill assigns a technical rating of 2 / 10 to RIDV.
The current trend direction for Oppenheimer International Ultra Dividend Revenue (RIDV) is Bearish.
Oppenheimer International Ultra Dividend Revenue (RIDV) has an RSI value of 49.1551. This indicates that the stock is currently neutral.
The MACD indicator for Oppenheimer International Ultra Dividend Revenue (RIDV) has a value of 0.0554866, indicating a bearish trend.
The short term momentum for Oppenheimer International Ultra Dividend Revenue (RIDV) is neutral.