REVOLUTION MEDICINES INC (RVMD) Stock Technical Analysis
USA - NASDAQ:RVMD - US76155X1000 - Common Stock
Overall RVMD gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RVMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although RVMD has an excellent technical rating, it does not offer a high 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
37.18
3 important support areas can be observed.
- A support zone ranging from 58.57 to 59.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @53.70 from a trend line in the daily time frame.
- A support zone ranging from 37.56 to 37.86. 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 | UP | POSITIVE | The long term trend for RVMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVMD is up. |
| ChartMill Relative Strength | 93.53 | POSITIVE | RVMD has a high relative strength, it outperformed 93.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RVMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RVMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.56 | OVERBOUGHT | The high RSI value suggests RVMD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests RVMD has a positive trend. |
| Stochastics (14,3) | 90.73 | OVERBOUGHT | The high Stochastics value suggests RVMD may be overbought. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for RVMD suggests some volalility. |
| Average Directional Index/ADX (14) | 58.7 | POSITIVE | The high ADX value value for RVMD suggests a strong trend. |
67.75
+3.37 (+5.23%)
REVOLUTION MEDICINES INC / RVMD FAQ
What is the ChartMill technical rating of REVOLUTION MEDICINES INC (RVMD) stock?
ChartMill assigns a technical rating of 9 / 10 to RVMD.
Can you provide the trend direction for REVOLUTION MEDICINES INC?
The current trend direction for REVOLUTION MEDICINES INC (RVMD) is Bullish.
What is the RSI signal for REVOLUTION MEDICINES INC (RVMD) stock?
REVOLUTION MEDICINES INC (RVMD) has an RSI value of 81.5565. This indicates that the stock is currently overbought.
What is the MACD signal for RVMD stock?
The MACD indicator for REVOLUTION MEDICINES INC (RVMD) has a value of 0.433273, indicating a bearish trend.
What is the short term momentum for RVMD stock?
The short term momentum for REVOLUTION MEDICINES INC (RVMD) is positive.