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 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.
0.21
When analyzing the support we can see 2 important areas.
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. |
0.3097
+0.06 (+25.54%)
ChartMill assigns a technical rating of 2 / 10 to RVLT.
The current trend direction for Nexxus Lighting (RVLT) is Bearish.
Nexxus Lighting (RVLT) has an RSI value of 62.051. This indicates that the stock is currently neutral.
The MACD indicator for Nexxus Lighting (RVLT) has a value of 0.00935896, indicating a bearish trend.