REVANCE THERAPEUTICS INC (RVNC) Stock Technical Analysis
NASDAQ:RVNC - Nasdaq - US7613301099 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to RVNC. In the past year, RVNC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
87% of all other stocks performed better in the past year than RVNC.
RVNC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
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 is an average performer in the Pharmaceuticals industry, it outperforms 43% of 198 stocks in the same industry.
RVNC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
5.03
When analyzing the support we can see 3 important areas.
- 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.
We can see 4 important resistance areas.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.45
Mansfield-2.18
10 Day High3.69
10 Day Low3.62
20 Day High3.7
20 Day Low3.23
52 Week High7.56
52 Week Low2.3
Performance
1 Week0.27%
2 Weeks0%
1 Month5.19%
3 Month-1.35%
6 Month3.4%
12 Month-38.24%
2 Year-89.48%
3 Year-73.1%
5 Year-84.21%
10 Year-77.26%
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)0.02
RSI(14)59.52
LBB3.42
UBB3.82
3.65
+0.01 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.27%
1 Week0.27%
2 Weeks0%
1 Month5.19%
3 Month-1.35%
6 Month3.4%
12 Month-38.24%
2 Year-89.48%
3 Year-73.1%
5 Year-84.21%
10 Year-77.26%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%2.13%
ATR Inc-71.25%
Range Today0.01
ADR(20)0.06
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.45
Mansfield-2.18
10 Day High3.69
10 Day Low3.62
20 Day High3.7
20 Day Low3.23
52 Week High7.56
52 Week Low2.3
CS1 End3.64
CR1 Start3.69
Volume & EV
DER(3)-0.08%
DER(5)0%
Volume4.12M
Volume Incr26.12%
Vol(5)3.76M
Vol(50)3.11M