Nexxus Lighting (RVLT) Technical Analysis
NASDAQ:RVLT
Current stock price
RVLT Technical Rating and Analysis
Taking everything into account, RVLT scores 2 out of 10 in our technical rating. RVLT'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.
- When comparing the yearly performance of all stocks, RVLT is a bad performer in the overall market: 98% of all stocks are doing better.
- RVLT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RVLT is lagging the market.
- In the last month RVLT has a been trading in the 0.18 - 0.35 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, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RVLT Weekly and Daily overview Charts
RVLT Setup Rating and Analysis
The technical rating of RVLT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
RVLT Support and Resistance Analysis
0.21
When analyzing the support we can see 2 important areas.
- Support @0.22 from a trend line in the daily time frame.
- Support @0.21 from a trend line in the daily time frame.
RVLT 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 | DOWN | NEGATIVE | The long term trend for RVLT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RVLT is neutral. |
| ChartMill Relative Strength | 2.5 | NEGATIVE | RVLT has a low relative strength, it was outperformed by 97.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RVLT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RVLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.05 | NEUTRAL | The RSI value for RVLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RVLT has a positive trend. |
| Stochastics (14,3) | 65.91 | NEUTRAL | The Stochastics value for RVLT is a neutral value. |
| Average True Range in percent/ATR (20) | 12.06 | HIGH VOLATILITY | The high ATR as a percentage value for RVLT suggests high volalility. |
RVLT Chart- and CandleStick Pattern Analysis
RVLT Technicals: Chart, Performance Metrics, Trend & Indicators
0.3097
+0.06 (+25.54%)
Nexxus Lighting / RVLT TA FAQ
What is the technical rating for RVLT stock?
ChartMill assigns a technical rating of 2 / 10 to RVLT.
What is the current trend direction of Nexxus Lighting (RVLT) stock?
The current trend direction for Nexxus Lighting (RVLT) is Bearish.
What is the RSI signal for RVLT stock?
Nexxus Lighting (RVLT) has an RSI value of 62.051. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for Nexxus Lighting?
Nexxus Lighting (RVLT) has a support level at 0.22. Check the full technical report for our detailed analysis of RVLT support and resistance levels.