Reverse Cap Weighted US Large Cap ETF (RVRS) Technical Analysis
NYSEARCA:RVRS
Current stock price
RVRS Technical Rating and Analysis
Taking everything into account, RVRS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RVRS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: RVRS has an average volume of 16270 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that RVRS is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by RVRS over the past year are nicely spread over this period.
- RVRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RVRS has a been trading in a tight range between 22.47 and 23.64.
- Volume is considerably higher in the last couple of days.
RVRS Weekly and Daily overview Charts
RVRS Setup Rating and Analysis
Besides having an excellent technical rating, RVRS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 23.39. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.96, a Stop Loss order could be placed below this zone.
More info and screens
RVRS Support and Resistance Analysis
21.86
2 important support areas can be observed.
- A support zone ranging from 22.85 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.08 to 22.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.39 to 23.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
RVRS Technical Indicator Signal Analysis
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 RVRS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVRS is up. |
| ChartMill Relative Strength | 73.99 | POSITIVE | RVRS has a high relative strength, it outperformed 73.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVRS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RVRS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RVRS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.15 | NEUTRAL | The RSI value for RVRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests RVRS has a negative trend. |
| Stochastics (14,3) | 37.43 | NEUTRAL | The Stochastics value for RVRS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for RVRS suggests low volalility. |
RVRS Chart- and CandleStick Pattern Analysis
RVRS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.40 | 22.84 | 0.56 (2.39%) | 25.00% |
| An entry @23.40. This is a Buy Stop order right above the resistance zone. | An exit @22.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.56 points, which is 2.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RVRS Technicals: Chart, Performance Metrics, Trend & Indicators
Reverse Cap Weighted US Large Cap ETF
NYSEARCA:RVRS (5/21/2021, 8:23:06 PM)
22.966
+0.04 (+0.17%)
Reverse Cap Weighted US Large Cap ETF / RVRS TA FAQ
What is the technical rating for RVRS stock?
ChartMill assigns a technical rating of 10 / 10 to RVRS.
What is the current trend direction of Reverse Cap Weighted US Large Cap ETF (RVRS) stock?
The current trend direction for Reverse Cap Weighted US Large Cap ETF (RVRS) is Bullish.
What is the RSI signal for Reverse Cap Weighted US Large Cap ETF (RVRS) stock?
Reverse Cap Weighted US Large Cap ETF (RVRS) has an RSI value of 55.153. This indicates that the stock is currently neutral.
What is the MACD signal for Reverse Cap Weighted US Large Cap ETF (RVRS) stock?
The MACD indicator for Reverse Cap Weighted US Large Cap ETF (RVRS) has a value of -0.0603977, indicating a bearish trend.
What is the short term momentum for Reverse Cap Weighted US Large Cap ETF (RVRS) stock?
The short term momentum for Reverse Cap Weighted US Large Cap ETF (RVRS) is positive.