REVOLVE GROUP INC (RVLV) Stock Technical Analysis
NYSE:RVLV - New York Stock Exchange, Inc. - US76156B1070 - Common Stock - Currency: USD
Taking everything into account, RVLV scores 4 out of 10 in our technical rating. In the past year, RVLV was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
RVLV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.67, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
18.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.05 to 20.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.20 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.22 to 22.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RVLV is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVLV is up. |
| ChartMill Relative Strength | 78.75 | POSITIVE | RVLV has a high relative strength, it outperformed 78.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RVLV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RVLV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RVLV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.29 | NEUTRAL | The RSI value for RVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RVLV has a positive trend. |
| Stochastics (14,3) | 73.9 | NEUTRAL | The Stochastics value for RVLV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for RVLV suggests some volalility. |
| Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for RVLV suggests a weak or negative trend. |
21.27
-0.28 (-1.3%)