Overall RSVR gets a technical rating of 2 out of 10. RSVR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RSVR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.21, a Stop Loss order could be placed below this zone.
More info and screens
6.97
2 important support areas can be observed.
- Strong support @7.21 from a horizontal line in the daily time frame.
- A support zone ranging from 7.04 to 7.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.40 to 7.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.05 to 8.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.24 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for RSVR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RSVR is neutral. |
| ChartMill Relative Strength | 24.16 | NEGATIVE | RSVR has a low relative strength, it was outperformed by 75.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RSVR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RSVR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RSVR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.02 | NEUTRAL | The RSI value for RSVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RSVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.07 | OVERSOLD | The low Stochastics value suggests RSVR may be oversold. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for RSVR suggests low volalility. |
| Average Directional Index/ADX (14) | 10.59 | NEGATIVE | The low ADX value for RSVR suggests a weak or negative trend. |
7.38
+0.02 (+0.27%)
RESERVOIR MEDIA INC / RSVR FAQ
What is the ChartMill technical rating of RESERVOIR MEDIA INC (RSVR) stock?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for RESERVOIR MEDIA INC (RSVR) stock?
RESERVOIR MEDIA INC (RSVR) has an RSI value of 44.0186. This indicates that the stock is currently neutral.
What is the MACD signal for RSVR stock?
The MACD indicator for RESERVOIR MEDIA INC (RSVR) has a value of -0.0182653, indicating a bearish trend.