Revett Minerals Inc (RVM) Technical Analysis
NYSEARCA:RVM • US7615052054
Current stock price
RVM Technical Rating and Analysis
Taking everything into account, RVM scores 1 out of 10 in our technical rating. RVM'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, RVM is a bad performer in the overall market: 86% of all stocks are doing better.
- RVM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RVM is lagging the market.
- In the last month RVM has a been trading in the 0.45 - 0.54 range, which is quite wide. It is currently trading near the lows of this range.
RVM Weekly and Daily overview Charts
RVM Setup Rating and Analysis
RVM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RVM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
RVM Support and Resistance Analysis
0.45
When analyzing the support we notice one important area.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.51 from a trend line in the daily time frame.
- A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
RVM 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 RVM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RVM is neutral. |
| ChartMill Relative Strength | 14.96 | NEGATIVE | RVM has a low relative strength, it was outperformed by 85.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RVM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RVM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RVM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.27 | NEUTRAL | The RSI value for RVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RVM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for RVM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for RVM suggests high volalility. |
RVM Chart- and CandleStick Pattern Analysis
RVM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:RVM (6/15/2015, 8:01:07 PM)
0.47
+0.02 (+4.44%)
Revett Minerals Inc / RVM TA FAQ
What is the technical rating for RVM stock?
ChartMill assigns a technical rating of 1 / 10 to RVM.
What is the trend direction for RVM stock?
The current trend direction for Revett Minerals Inc (RVM) is Bearish.
What is the RSI signal for RVM stock?
Revett Minerals Inc (RVM) has an RSI value of 45.273. This indicates that the stock is currently neutral.
What is the MACD signal for Revett Minerals Inc (RVM) stock?
The MACD indicator for Revett Minerals Inc (RVM) has a value of -0.00363903, indicating a bearish trend.
What is the short term momentum for Revett Minerals Inc (RVM) stock?
The short term momentum for Revett Minerals Inc (RVM) is neutral.