Overall RVNC gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. RVNC was also a bad performer in the overall market in the last year.
- 87% of all other stocks performed better in the past year than RVNC.
- RVNC is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 190 stocks in the same industry do better.
- RVNC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- RVNC 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.
- RVNC has an average volume of 3110220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
RVNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.64, a Stop Loss order could be placed below this zone.
More info and screens
2.99
3 important support areas can be observed.
- A support zone ranging from 3.62 to 3.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.16 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.02 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 3.69 to 3.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.76 from a trend line in the weekly time frame.
- Resistance @4.86 from a trend line in the daily time frame.
- Resistance @4.98 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for RVNC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVNC is up. |
| ChartMill Relative Strength | 13.45 | NEGATIVE | RVNC has a low relative strength, it was outperformed by 86.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RVNC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RVNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.52 | NEUTRAL | The RSI value for RVNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RVNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.37 | OVERBOUGHT | The high Stochastics value suggests RVNC may be overbought. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for RVNC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for RVNC suggests a strong trend. |
3.65
+0.01 (+0.27%)
REVANCE THERAPEUTICS INC / RVNC FAQ
What is the technical rating for RVNC stock?
ChartMill assigns a technical rating of 2 / 10 to RVNC.
What is the trend direction for RVNC stock?
The current trend direction for REVANCE THERAPEUTICS INC (RVNC) is Bearish.
Can you provide the RSI signal for REVANCE THERAPEUTICS INC?
REVANCE THERAPEUTICS INC (RVNC) has an RSI value of 59.52. This indicates that the stock is currently neutral.
What is the MACD signal for REVANCE THERAPEUTICS INC (RVNC) stock?
The MACD indicator for REVANCE THERAPEUTICS INC (RVNC) has a value of 0.0189174, indicating a bearish trend.
Can you provide the short term momentum for REVANCE THERAPEUTICS INC?
The short term momentum for REVANCE THERAPEUTICS INC (RVNC) is positive.