REVOLUTION MEDICINES INC (RVMD) Stock Technical Analysis
NASDAQ:RVMD - US76155X1000 - Common Stock
40.5 USD
+1.55 (+3.98%)
40.52 USD
+0.02 (+0.05%)
Taking everything into account, RVMD scores 5 out of 10 in our technical rating. In the last year, RVMD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
76% of all other stocks performed better in the past year than RVMD.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month RVMD has a been trading in the 34.14 - 41.11 range, which is quite wide. It is currently trading near the high of this range.
RVMD has an average volume of 2348460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RVMD is an average performer in the Biotechnology industry, it outperforms 54% of 541 stocks in the same industry.
RVMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RVMD is lagging the market.
RVMD has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
34.34
42.76
2 important support areas can be observed.
- Support @40.21 from a trend line in the daily time frame.
- A support zone ranging from 34.69 to 35.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @41.10 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 41.99 to 42.34. 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 | NEUTRAL | NEUTRAL | The long term trend for RVMD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVMD is up. |
| ChartMill Relative Strength | 24.58 | NEGATIVE | RVMD has a low relative strength, it was outperformed by 75.42% 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) | DOWN | NEGATIVE | The current price of RVMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.02 | NEUTRAL | The RSI value for RVMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests RVMD has a positive trend. |
| Stochastics (14,3) | 77.25 | NEUTRAL | The Stochastics value for RVMD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for RVMD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.69 | NEUTRAL | The ADX value for RVMD suggests a possible start of a new trend. |
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)
40.5
+1.55 (+3.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.98%
1 Week5.68%
2 Weeks11.02%
1 Month15.88%
3 Month-1.44%
6 Month3.29%
12 Month-3.2%
2 Year46.32%
3 Year105.38%
5 Year16.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.55
ATR(20)%3.61%
ATR Inc18.21%
Range Today1.94
ADR(20)1.44
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.58
Mansfield-1.27
10 Day High41.11
10 Day Low35.62
20 Day High41.11
20 Day Low34.14
52 Week High62.4
52 Week Low29.17
CS1 End40.21
CR1 Start41.1
Volume & EV
DER(3)1.41%
DER(5)1.71%
Volume1.71M
Volume Incr-3.39%
Vol(5)1.94M
Vol(50)2.35M