RAIL VISION LTD (RVSN) Stock Technical Analysis
NASDAQ:RVSN • IL0011475949
Overall RVSN gets a technical rating of 0 out of 10. RVSN'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.
- When comparing the yearly performance of all stocks, RVSN is a bad performer in the overall market: 95% of all stocks are doing better.
- RVSN is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 88% of 122 stocks in the same industry do better.
- RVSN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- RVSN has an average volume of 2099420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RVSN has a been trading in the 3.66 - 11.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, RVSN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.58. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RVSN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.61
When analyzing the support we notice one important area.
- Support @5.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.58 to 6.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.84 from a trend line in the weekly time frame.
- Resistance @12.37 from a horizontal line in the daily 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 RVSN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RVSN is down. |
| ChartMill Relative Strength | 5.4 | NEGATIVE | RVSN has a low relative strength, it was outperformed by 94.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RVSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RVSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RVSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.5 | NEUTRAL | The RSI value for RVSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests RVSN has a positive trend. |
| Stochastics (14,3) | 44.81 | NEUTRAL | The Stochastics value for RVSN is a neutral value. |
| Average True Range in percent/ATR (20) | 18.63 | HIGH VOLATILITY | The high ATR as a percentage value for RVSN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.73 | POSITIVE | The high ADX value value for RVSN suggests a strong trend. |
6.57
-0.08 (-1.2%)
RAIL VISION LTD / RVSN FAQ
Can you provide the ChartMill technical rating for RAIL VISION LTD?
ChartMill assigns a technical rating of 0 / 10 to RVSN.
Can you provide the trend direction for RAIL VISION LTD?
The current trend direction for RAIL VISION LTD (RVSN) is Bearish.
Can you provide the RSI signal for RAIL VISION LTD?
RAIL VISION LTD (RVSN) has an RSI value of 42.4974. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for RAIL VISION LTD?
The buy/sell signal for RAIL VISION LTD (RVSN) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for RAIL VISION LTD (RVSN) stock?
RAIL VISION LTD (RVSN) has a support level at 5.67 and a resistance level at 6.58. Check the full technical report for our detailed analysis of RVSN support and resistance levels.