Nexxus Lighting (RVLT) Stock Technical Analysis
NASDAQ:RVLT - Nasdaq -
We assign a technical rating of 2 out of 10 to RVLT. 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.
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
0.21
0.31
2 important support areas can be observed.
- Support @0.22 from a trend line in the daily time frame.
- Support @0.21 from a trend 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 | 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. |
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)
0.3097
+0.06 (+25.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg25.54%
1 Week30.4%
2 Weeks32.63%
1 Month3.3%
3 Month-27.08%
6 Month15.56%
12 Month-88.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%12.06%
ATR Inc218.18%
Range Today0.17
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.5
Mansfield-3.9
10 Day High0.35
10 Day Low0.18
20 Day High0.35
20 Day Low0.18
52 Week High2.68
52 Week Low0.15
CS1 End0.22
CR1 StartN/A
Volume & EV
DER(3)-0.51%
DER(5)6.88%
Volume2.47M
Volume Incr385.82%
Vol(5)680.56K
Vol(50)248.68K