Riverview Financial Corporation (RIVE) Technical Analysis
NASDAQ:RIVE
Current stock price
RIVE Technical Rating and Analysis
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.
- Warning: RIVE has an average volume of 8645 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RIVE did better than 94% of all other stocks. On top of that, RIVE also shows a nice and consistent pattern of rising prices.
- RIVE is part of the Banks industry. There are 380 other stocks in this industry. RIVE outperforms 100% of them.
- RIVE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RIVE is leading the market.
- In the last month RIVE has a been trading in the 13.37 - 16.04 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
RIVE Weekly and Daily overview Charts
RIVE Setup Rating and Analysis
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.
More info and screens
RIVE Support and Resistance Analysis
12.08
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.55 to 14.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.96 to 14.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.33 to 13.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.20 from a horizontal line in the daily time frame.
RIVE 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 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. |
RIVE Chart- and CandleStick Pattern Analysis
RIVE Technicals: Chart, Performance Metrics, Trend & Indicators
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%)
Riverview Financial Corporation / RIVE TA FAQ
What is the ChartMill technical rating of Riverview Financial Corporation (RIVE) stock?
ChartMill assigns a technical rating of 10 / 10 to RIVE.
What is the trend direction for RIVE stock?
The current trend direction for Riverview Financial Corporation (RIVE) is Bullish.
What is the RSI signal for RIVE stock?
Riverview Financial Corporation (RIVE) has an RSI value of 64.9833. This indicates that the stock is currently neutral.
What is the MACD signal for Riverview Financial Corporation (RIVE) stock?
The MACD indicator for Riverview Financial Corporation (RIVE) has a value of 0.0842244, indicating a bearish trend.
What is the buy/sell signal for Riverview Financial Corporation (RIVE) stock?
The buy/sell signal for Riverview Financial Corporation (RIVE) is buy as both the short term and long term trends are positive.