RESERVOIR MEDIA INC (RSVR) Technical Analysis
NASDAQ:RSVR • US76119X1054
Current stock price
RSVR Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to RSVR. Both in the recent history as in the last year, RSVR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RSVR did better than 83% of all other stocks.
- RSVR is one of the better performing stocks in the Entertainment industry, it outperforms 87% of 79 stocks in the same industry.
- RSVR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RSVR is performing more or less in line with the market.
- In the last month RSVR has a been trading in the 9.11 - 10.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RSVR Weekly and Daily overview Charts
RSVR Setup Rating and Analysis
RSVR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.01. Right above this resistance zone may be a good entry point.
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RSVR Support and Resistance Analysis
6.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.60 to 9.60. 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 9.21 to 9.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.48 to 7.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @7.35 from a horizontal line in the daily time frame.
- Support @7.06 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.01 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
RSVR 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 RSVR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RSVR is up. |
| ChartMill Relative Strength | 83.93 | POSITIVE | RSVR has a high relative strength, it outperformed 83.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RSVR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RSVR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RSVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.31 | NEUTRAL | The RSI value for RSVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests RSVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.19 | NEUTRAL | The Stochastics value for RSVR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for RSVR suggests some volalility. |
| Average Directional Index/ADX (14) | 36.02 | POSITIVE | The high ADX value value for RSVR suggests a strong trend. |
RSVR Chart- and CandleStick Pattern Analysis
RSVR Technicals: Chart, Performance Metrics, Trend & Indicators
9.66
+0.01 (+0.1%)
RESERVOIR MEDIA INC / RSVR TA FAQ
What is the ChartMill technical rating of RESERVOIR MEDIA INC (RSVR) stock?
ChartMill assigns a technical rating of 9 / 10 to RSVR.
What is the current trend direction of RESERVOIR MEDIA INC (RSVR) stock?
The current trend direction for RESERVOIR MEDIA INC (RSVR) is Bullish.
What is the RSI signal for RSVR stock?
RESERVOIR MEDIA INC (RSVR) has an RSI value of 63.3092. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RESERVOIR MEDIA INC?
The MACD indicator for RESERVOIR MEDIA INC (RSVR) has a value of -0.0522471, indicating a bearish trend.
What are the support and resistance levels for RESERVOIR MEDIA INC (RSVR) stock?
RESERVOIR MEDIA INC (RSVR) has a support level at 9.6 and a resistance level at 10.01. Check the full technical report for our detailed analysis of RSVR support and resistance levels.