REVOLVE GROUP INC (RVLV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RVLV - US76156B1070 - Common Stock
Overall RVLV gets a technical rating of 6 out of 10. RVLV has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month RVLV has a been trading in the 28.60 - 31.68 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- RVLV is one of the better performing stocks in the Specialty Retail industry, it outperforms 74% of 121 stocks in the same industry.
- RVLV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RVLV is lagging the market slightly.
- Looking at the yearly performance, RVLV did better than 72% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RVLV has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
19.44
5 important support areas can be observed.
- Support @28.73 from a horizontal line in the daily time frame.
- Support @21.61 from a trend line in the weekly time frame.
- Support @21.24 from a trend line in the daily time frame.
- A support zone ranging from 20.68 to 20.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.64 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @29.31 from a trend line in the daily time frame.
- A resistance zone ranging from 30.23 to 30.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.45 to 31.45. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for RVLV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RVLV is neutral. |
| ChartMill Relative Strength | 72.24 | POSITIVE | RVLV has a high relative strength, it outperformed 72.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RVLV is below 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) | UP | POSITIVE | The current price of RVLV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.79 | NEUTRAL | The RSI value for RVLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests RVLV has a negative trend. |
| Stochastics (14,3) | 37.34 | NEUTRAL | The Stochastics value for RVLV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for RVLV suggests some volalility. |
| Average Directional Index/ADX (14) | 27.92 | POSITIVE | The high ADX value value for RVLV suggests a strong trend. |
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 |
|---|---|---|---|
| 29.32 | 28.72 | 0.60 (2.05%) | 25.00% |
| An entry @29.32. This is a Buy Stop order right above the resistance zone. | An exit @28.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.60 points, which is 2.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The distance between exit and entry is rather small compared to the average daily movement of RVLV. Please evaluate whether better entry and exit points can be found.
- 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.
29.23
-0.76 (-2.53%)
REVOLVE GROUP INC / RVLV FAQ
What is the ChartMill technical rating of REVOLVE GROUP INC (RVLV) stock?
ChartMill assigns a technical rating of 6 / 10 to RVLV.
What is the trend direction for RVLV stock?
The current trend direction for REVOLVE GROUP INC (RVLV) is Bullish.
What is the RSI signal for REVOLVE GROUP INC (RVLV) stock?
REVOLVE GROUP INC (RVLV) has an RSI value of 48.7914. This indicates that the stock is currently neutral.
Can you provide the short term momentum for REVOLVE GROUP INC?
The short term momentum for REVOLVE GROUP INC (RVLV) is neutral.