RIVERVIEW BANCORP INC (RVSB) Stock Technical Analysis
NASDAQ:RVSB - Nasdaq - US7693971001 - Common Stock - Currency: USD
Taking everything into account, RVSB scores 10 out of 10 in our technical rating. 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 94% of all other stocks. We also observe that the gains produced by RVSB over the past year are nicely spread over this period.
RVSB is part of the Banks industry. There are 395 other stocks in this industry. RVSB outperforms 96% of them.
RVSB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RVSB is performing more or less in line with the market.
In the last month RVSB has a been trading in the 5.68 - 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.
RVSB has an excellent technical rating and also presents a decent setup pattern. 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 6.11, a Stop Loss order could be placed below this zone.
More info and screens
5.31
6.47
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.99 to 6.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.67 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.49 from a trend line in the weekly time frame.
- Support @5.36 from a trend line in the daily time frame.
We found 1 important resistance 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
CRS94.78
Mansfield1.79
10 Day High6.59
10 Day Low6
20 Day High6.59
20 Day Low5.68
52 Week High6.59
52 Week Low3.3
Performance
1 Week-0.49%
2 Weeks-3.16%
1 Month7.37%
3 Month15.25%
6 Month24.64%
12 Month53.38%
2 Year30.77%
3 Year-10.13%
5 Year22.4%
10 Year47.83%
15 Year104%
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)-0.03
RSI(14)56.48
LBB5.83
UBB6.5
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 |
|---|---|---|---|
| 6.42 | 5.99 | 0.43 (6.78%) | 14.76% |
| An entry @6.42. This is a Buy Stop order right above the resistance zone. | An exit @5.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.43 points, which is 6.78%. | For a 1.00% total portfolio risk, you can invest 14.76% of your capital in this trade. |
- 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.
6.12
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week-0.49%
2 Weeks-3.16%
1 Month7.37%
3 Month15.25%
6 Month24.64%
12 Month53.38%
2 Year30.77%
3 Year-10.13%
5 Year22.4%
10 Year47.83%
15 Year104%
Volatility
ATR(14)0.21
ATR(20)%2.9%
ATR Inc-21.5%
Range Today0.11
ADR(20)0.17
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.78
Mansfield1.79
10 Day High6.59
10 Day Low6
20 Day High6.59
20 Day Low5.68
52 Week High6.59
52 Week Low3.3
CS1 End6.11
CR1 Start6.39
Volume & EV
DER(3)-2.91%
DER(5)-4.52%
Volume155.20K
Volume Incr198.53%
Vol(5)343.20K
Vol(50)119.13K