RIVERVIEW BANCORP INC (RVSB) Stock Technical Analysis
NASDAQ:RVSB - Nasdaq - US7693971001 - Common Stock - Currency: USD
Overall RVSB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RVSB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RVSB did better than 93% of all other stocks. On top of that, RVSB also shows a nice and consistent pattern of rising prices.
RVSB is one of the better performing stocks in the Banks industry, it outperforms 95% of 397 stocks in the same industry.
RVSB is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RVSB slightly outperforms the market at the moment.
In the last month RVSB has a been trading in the 5.67 - 6.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although RVSB has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
5.29
6.47
4 important support areas can be observed.
- A support zone ranging from 5.93 to 6.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.67 to 5.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.46 from a trend line in the weekly time frame.
- Support @5.34 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.39 to 6.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.49
Mansfield2.41
10 Day High6.59
10 Day Low5.89
20 Day High6.59
20 Day Low5.67
52 Week High6.59
52 Week Low3.3
Performance
1 Week-3.61%
2 Weeks3.89%
1 Month6.4%
3 Month11.01%
6 Month27.59%
12 Month46.43%
2 Year31.41%
3 Year-9.69%
5 Year23%
10 Year48.55%
15 Year105%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)58.55
LBB5.72
UBB6.52
6.15
-0.05 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.81%
1 Week-3.61%
2 Weeks3.89%
1 Month6.4%
3 Month11.01%
6 Month27.59%
12 Month46.43%
2 Year31.41%
3 Year-9.69%
5 Year23%
10 Year48.55%
15 Year105%
Volatility
ATR(14)0.19
ATR(20)%2.7%
ATR Inc-16.6%
Range Today0.18
ADR(20)0.16
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.49
Mansfield2.41
10 Day High6.59
10 Day Low5.89
20 Day High6.59
20 Day Low5.67
52 Week High6.59
52 Week Low3.3
CS1 End6
CR1 Start6.39
Volume & EV
DER(3)-7.1%
DER(5)-5.4%
Volume188.00K
Volume Incr43.67%
Vol(5)157.74K
Vol(50)96.23K