RIVERVIEW BANCORP INC (RVSB) Stock Technical Analysis
NASDAQ:RVSB • US7693971001
We assign a technical rating of 5 out of 10 to RVSB. In the last year, RVSB was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- RVSB is part of the Banks industry. There are 379 other stocks in this industry, of which 74% are performing better than RVSB.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- In the last month RVSB has a been trading in the 5.07 - 5.53 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.
- When comparing the performance of all stocks over the past year, RVSB turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- 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.
RVSB has only a medium 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 support zone below the current price at 5.33, a Stop Loss order could be placed below this zone.
More info and screens
4.76
3 important support areas can be observed.
- A support zone ranging from 5.02 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.91 from a horizontal line in the daily time frame.
- A support zone ranging from 4.81 to 4.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.35 to 5.57. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for RVSB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RVSB is neutral. |
| ChartMill Relative Strength | 46.68 | 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 | MIXED | The current price of RVSB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.92 | NEUTRAL | The RSI value for RVSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RVSB has a negative trend. |
| Stochastics (14,3) | 41.27 | NEUTRAL | The Stochastics value for RVSB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for RVSB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for RVSB suggests a weak or negative trend. |
5.34
+0.02 (+0.38%)
RIVERVIEW BANCORP INC / RVSB FAQ
What is the technical rating for RVSB stock?
ChartMill assigns a technical rating of 5 / 10 to RVSB.
What is the current trend direction of RIVERVIEW BANCORP INC (RVSB) stock?
The current trend direction for RIVERVIEW BANCORP INC (RVSB) is Bullish.
What is the RSI signal for RIVERVIEW BANCORP INC (RVSB) stock?
RIVERVIEW BANCORP INC (RVSB) has an RSI value of 52.9167. This indicates that the stock is currently neutral.
What is the MACD signal for RIVERVIEW BANCORP INC (RVSB) stock?
The MACD indicator for RIVERVIEW BANCORP INC (RVSB) has a value of -0.00654744, 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.