GRANITE 2X LONG RVIN ETF (RVNL) Stock Technical Analysis
USA - NASDAQ:RVNL - US38747R4700 - ETF
We assign a technical rating of 7 out of 10 to RVNL. Although RVNL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RVNL has an excellent technical rating, it does not offer a high quality setup 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.
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26.11
When analyzing the support we can see 2 important areas.
- Support @29.57 from a trend line in the weekly time frame.
- Support @26.37 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.76 to 48.78. 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 RVNL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVNL is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RVNL has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVNL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RVNL is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 68.93 | NEUTRAL | The RSI value for RVNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.38 | POSITIVE | The MACD value suggests RVNL has a positive trend. |
| Stochastics (14,3) | 92.54 | OVERBOUGHT | The high Stochastics value suggests RVNL may be overbought. |
| Average True Range in percent/ATR (20) | 8.6 | HIGH VOLATILITY | The high ATR as a percentage value for RVNL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.9 | POSITIVE | The high ADX value value for RVNL suggests a strong trend. |
NASDAQ:RVNL (11/13/2025, 3:22:08 PM)
42.3775
-6.39 (-13.11%)
GRANITE 2X LONG RVIN ETF / RVNL FAQ
What is the technical rating for RVNL stock?
ChartMill assigns a technical rating of 7 / 10 to RVNL.
What is the trend direction for RVNL stock?
The current trend direction for GRANITE 2X LONG RVIN ETF (RVNL) is Bullish.
What is the RSI signal for RVNL stock?
GRANITE 2X LONG RVIN ETF (RVNL) has an RSI value of 68.9304. This indicates that the stock is currently neutral.
What is the short term momentum for RVNL stock?
The short term momentum for GRANITE 2X LONG RVIN ETF (RVNL) is positive.
What is the support and resistance level for RVNL stock?
GRANITE 2X LONG RVIN ETF (RVNL) has a support level at 29.57. Check the full technical report for our detailed analysis of RVNL support and resistance levels.