Taking everything into account, RIVE scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RIVE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although RIVE 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.
12.08
4 important support areas can be observed.
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 RIVE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RIVE is up. |
| ChartMill Relative Strength | 94.59 | POSITIVE | RIVE has a high relative strength, it outperformed 94.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RIVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RIVE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RIVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.98 | NEUTRAL | The RSI value for RIVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RIVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.86 | NEUTRAL | The Stochastics value for RIVE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for RIVE suggests some volalility. |
Riverview Financial Corporation
NASDAQ:RIVE (11/30/2021, 8:17:51 PM)
After market: 15.4 -0.07 (-0.45%)15.47
+0.22 (+1.44%)
ChartMill assigns a technical rating of 10 / 10 to RIVE.
The current trend direction for Riverview Financial Corporation (RIVE) is Bullish.
Riverview Financial Corporation (RIVE) has an RSI value of 64.9833. This indicates that the stock is currently neutral.
The MACD indicator for Riverview Financial Corporation (RIVE) has a value of 0.0842244, indicating a bearish trend.
Riverview Financial Corporation (RIVE) has a support level at 14.59. Check the full technical report for our detailed analysis of RIVE support and resistance levels.