RESERVOIR MEDIA INC (RSVR) Stock Technical Analysis
NASDAQ:RSVR - Nasdaq - US76119X1054 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RSVR. RSVR'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
65% of all other stocks performed better in the past year than RSVR.
RSVR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RSVR is lagging the market.
In the last month RSVR has a been trading in the 7.00 - 7.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RSVR is an average performer in the Entertainment industry, it outperforms 50% of 71 stocks in the same industry.
RSVR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for RSVR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.97
7.72
We found 2 important support areas.
- A support zone ranging from 7.21 to 7.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.04 to 7.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.33 to 7.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.62 to 7.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.47
Mansfield-0.98
10 Day High7.69
10 Day Low7.07
20 Day High7.69
20 Day Low7
52 Week High9.83
52 Week Low6.56
Performance
1 Week0%
2 Weeks-0.14%
1 Month2.24%
3 Month-5.19%
6 Month-22.59%
12 Month-7.01%
2 Year12.14%
3 Year-2.14%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)49.09
LBB7.11
UBB7.58
7.3
-0.31 (-4.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-4.07%
1 Week0%
2 Weeks-0.14%
1 Month2.24%
3 Month-5.19%
6 Month-22.59%
12 Month-7.01%
2 Year12.14%
3 Year-2.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%4.34%
ATR Inc-1.28%
Range Today0.31
ADR(20)0.31
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.47
Mansfield-0.98
10 Day High7.69
10 Day Low7.07
20 Day High7.69
20 Day Low7
52 Week High9.83
52 Week Low6.56
CS1 End7.3
CR1 Start7.33
Volume & EV
DER(3)6.05%
DER(5)3.85%
Volume65.91K
Volume Incr23.59%
Vol(5)49.86K
Vol(50)40.80K