RETRACTABLE TECHNOLOGIES INC (RVP) Stock Technical Analysis
NYSEARCA:RVP - NYSE Arca - US76129W1053 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to RVP. RVP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than RVP.
RVP is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 70% of 187 stocks in the same industry do better.
RVP 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.
In the last month RVP has a been trading in the 0.62 - 0.70 range, which is quite wide. It is currently trading near the lows of this range.
RVP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.61
0.76
We can see 4 important resistance areas.
- A resistance zone ranging from 0.65 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.72 from a trend line in the daily time frame.
- A resistance zone ranging from 0.75 to 0.75. 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 | DOWN | NEGATIVE | The long term trend for RVP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RVP is down. |
| ChartMill Relative Strength | 10.09 | NEGATIVE | RVP has a low relative strength, it was outperformed by 89.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RVP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RVP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RVP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.9 | NEUTRAL | The RSI value for RVP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RVP has a negative trend. |
| Stochastics (14,3) | 25.21 | NEUTRAL | The Stochastics value for RVP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for RVP suggests high volalility. |
| Average Directional Index/ADX (14) | 13.07 | NEGATIVE | The low ADX value for RVP suggests a weak or negative 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)
0.62
-0.04 (-6.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-6.27%
1 Week-1.98%
2 Weeks-10.38%
1 Month-8.82%
3 Month-11.62%
6 Month-9.22%
12 Month-42.59%
2 Year-46.09%
3 Year-83.81%
5 Year-91.17%
10 Year-83.68%
15 Year-61.49%
Volatility
ATR(14)0.04
ATR(20)%6.18%
ATR Inc-17.03%
Range Today0.05
ADR(20)0.04
ADR(20)%5.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.09
Mansfield-2.66
10 Day High0.71
10 Day Low0.62
20 Day High0.71
20 Day Low0.62
52 Week High1.21
52 Week Low0.56
CS1 EndN/A
CR1 Start0.65
Volume & EV
DER(3)-8.26%
DER(5)-4.02%
Volume66.70K
Volume Incr-0.75%
Vol(5)31.10K
Vol(50)43.76K