REVOLUTION MEDICINES INC (RVMD)
US76155X1000 - Common Stock
Overall RVMD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RVMD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RVMD did better than 92% of all other stocks.
RVMD is part of the Biotechnology industry. There are 588 other stocks in this industry. RVMD outperforms 84% of them.
RVMD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RVMD is performing more or less in line with the market.
RVMD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RVMD has an average volume of 1548790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RVMD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for RVMD 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
18.22
37.79
We found 4 important support areas.
- A support zone ranging from 34.46 to 34.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.90 to 32.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.76 to 30.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @37.42 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.65
Mansfield1.62
10 Day High37.87
10 Day Low34.23
20 Day High38.73
20 Day Low29.55
52 Week High38.73
52 Week Low15.44
Performance
1 Week2.98%
2 Weeks-0.3%
1 Month11.57%
3 Month29.59%
6 Month93.23%
12 Month53.09%
2 Year80.07%
3 Year8.35%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)58.49
LBB33.85
UBB37.85
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 |
|---|---|---|---|
| 37.43 | 34.45 | 2.98 (7.96%) | 12.56% |
| An entry @37.43. This is a Buy Stop order right above the resistance zone. | An exit @34.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.98 points, which is 7.96%. | For a 1.00% total portfolio risk, you can invest 12.56% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RVMD. 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.
REVOLUTION MEDICINES INC
NASDAQ:RVMD (4/26/2024, 7:14:30 PM)
After market: 36.05 +0.09 (+0.25%)35.96
+0.63 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.78%
1 Week2.98%
2 Weeks-0.3%
1 Month11.57%
3 Month29.59%
6 Month93.23%
12 Month53.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.02
ATR(20)%5.18%
ATR Inc
Range Today1.71
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High37.87
10 Day Low34.23
20 Day High38.73
20 Day Low29.55
52 Week High38.73
52 Week Low15.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.21M
Volume Incr-9%
Vol(5)1.19M
Vol(50)1.55M