RIVERVIEW BANCORP INC (RVSB) Stock Technical Analysis
NASDAQ:RVSB - US7693971001 - Common Stock
5.06 USD
-0.05 (-0.98%)
5.06 USD
0 (0%)
Overall RVSB gets a technical rating of 1 out of 10. RVSB'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
66% of all other stocks performed better in the past year than RVSB.
RVSB is part of the Banks industry. There are 395 other stocks in this industry, of which 81% are performing better than RVSB.
In the last month RVSB has a been trading in the 4.80 - 5.22 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RVSB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RVSB is lagging the market.
Considerably lower volume is observed in the last couple of days.
RVSB 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 5.15. Right above this resistance zone may be a good entry point.
More info and screens
4.76
6.51
When analyzing the support we can see 2 important areas.
- Support @4.89 from a trend line in the weekly time frame.
- A support zone ranging from 4.81 to 4.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.15 to 5.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.76 to 5.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.45 from a horizontal line in the weekly 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 RVSB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RVSB is down. |
| ChartMill Relative Strength | 34.39 | 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) | DOWN | NEGATIVE | The current price of RVSB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RVSB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.01 | NEUTRAL | The RSI value for RVSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RVSB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.75 | NEUTRAL | The Stochastics value for RVSB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for RVSB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for RVSB 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)
5.06
-0.05 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.98%
1 Week-1.36%
2 Weeks0%
1 Month4.98%
3 Month-8.99%
6 Month-2.13%
12 Month9.52%
2 Year-14.53%
3 Year-28.23%
5 Year22.52%
10 Year14.48%
15 Year179.56%
Volatility
ATR(14)0.14
ATR(20)%2.63%
ATR Inc-32.77%
Range Today0.09
ADR(20)0.13
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.39
Mansfield-1.38
10 Day High5.19
10 Day Low4.9
20 Day High5.22
20 Day Low4.8
52 Week High6.59
52 Week Low4.31
CS1 End4.89
CR1 Start5.15
Volume & EV
DER(3)-6.53%
DER(5)-3.23%
Volume24.90K
Volume Incr-33.27%
Vol(5)36.06K
Vol(50)136.58K