Reven Housing REIT (RVEN) Technical Analysis
NASDAQ:RVEN
Current stock price
RVEN Technical Rating and Analysis
Overall RVEN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RVEN is showing a nice and steady performance.
- Warning: RVEN has an average volume of 15985 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, RVEN did better than 87% of all other stocks.
- RVEN 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 RVEN is performing more or less in line with the market.
- In the last month RVEN has a been trading in a tight range between 5.05 and 5.14.
RVEN Weekly and Daily overview Charts
RVEN Setup Rating and Analysis
RVEN 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 5.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.11, a Stop Loss order could be placed below this zone.
More info and screens
RVEN Support and Resistance Analysis
3.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.00 to 5.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.58 from a trend line in the weekly time frame.
- Support @4.39 from a horizontal line in the weekly time frame.
- Support @3.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.13 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
RVEN 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 RVEN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVEN is up. |
| ChartMill Relative Strength | 87.33 | POSITIVE | RVEN has a high relative strength, it outperformed 87.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RVEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RVEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.22 | NEUTRAL | The RSI value for RVEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RVEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.9 | OVERBOUGHT | The high Stochastics value suggests RVEN may be overbought. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for RVEN suggests low volalility. |
RVEN Chart- and CandleStick Pattern Analysis
RVEN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.16 | 5.07 | 0.09 (1.74%) | 25.00% |
| An entry @5.16. This is a Buy Stop order right above the resistance zone. | An exit @5.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.09 points, which is 1.74%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RVEN Technicals: Chart, Performance Metrics, Trend & Indicators
5.12
-0.02 (-0.39%)
Reven Housing REIT / RVEN TA FAQ
Can you provide the ChartMill technical rating for Reven Housing REIT?
ChartMill assigns a technical rating of 9 / 10 to RVEN.
Can you provide the trend direction for Reven Housing REIT?
The current trend direction for Reven Housing REIT (RVEN) is Bullish.
What is the RSI signal for RVEN stock?
Reven Housing REIT (RVEN) has an RSI value of 58.2169. This indicates that the stock is currently neutral.
What is the short term momentum for RVEN stock?
The short term momentum for Reven Housing REIT (RVEN) is positive.
Can you provide the buy/sell signal for Reven Housing REIT?
The buy/sell signal for Reven Housing REIT (RVEN) is buy as both the short term and long term trends are positive.