RIVERVIEW BANCORP INC (RVSB) Stock Technical Analysis
USA - NASDAQ:RVSB - US7693971001 - Common Stock
Overall RVSB gets a technical rating of 4 out of 10. RVSB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, RVSB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 5.26, a Stop Loss order could be placed below this zone.
More info and screens
4.76
We found 4 important support areas.
- A support zone ranging from 5.22 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.02 to 5.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.91 from a horizontal line in the daily time frame.
- A support zone ranging from 4.81 to 4.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.46 to 5.55. 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 | NEUTRAL | NEUTRAL | The long term trend for RVSB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RVSB is neutral. |
| ChartMill Relative Strength | 50.83 | NEUTRAL | RVSB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RVSB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RVSB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.22 | NEUTRAL | The RSI value for RVSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RVSB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.85 | NEUTRAL | The Stochastics value for RVSB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for RVSB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.41 | NEGATIVE | The low ADX value for RVSB suggests a weak or negative trend. |
5.29
+0.17 (+3.32%)
RIVERVIEW BANCORP INC / RVSB FAQ
What is the technical rating for RVSB stock?
ChartMill assigns a technical rating of 4 / 10 to RVSB.
What is the trend direction for RVSB stock?
The current trend direction for RIVERVIEW BANCORP INC (RVSB) is Bearish.
What is the RSI signal for RIVERVIEW BANCORP INC (RVSB) stock?
RIVERVIEW BANCORP INC (RVSB) has an RSI value of 52.218. This indicates that the stock is currently neutral.
What is the MACD signal for RVSB stock?
The MACD indicator for RIVERVIEW BANCORP INC (RVSB) has a value of -0.02218, indicating a bearish trend.
Can you provide the short term momentum for RIVERVIEW BANCORP INC?
The short term momentum for RIVERVIEW BANCORP INC (RVSB) is neutral.