ROYCE SMALL-CAP TRUST INC (RVT) Stock Technical Analysis
NYSE:RVT • US7809101055
Overall RVT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RVT 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.
- When comparing the yearly performance of all stocks, we notice that RVT is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by RVT over the past year are nicely spread over this period.
- RVT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RVT has a been trading in the 17.22 - 18.73 range, which is quite wide. It is currently trading near the high of this range.
RVT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 17.54, a Stop Loss order could be placed below this zone.
More info and screens
14.47
We found 5 important support areas.
- A support zone ranging from 17.11 to 17.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.39 from a trend line in the weekly time frame.
- A support zone ranging from 15.88 to 16.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.13 to 15.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.31 to 18.60. 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 RVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RVT is up. |
| ChartMill Relative Strength | 75.23 | POSITIVE | RVT has a high relative strength, it outperformed 75.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.22 | NEUTRAL | The RSI value for RVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RVT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.15 | NEUTRAL | The Stochastics value for RVT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for RVT suggests low volalility. |
| Average Directional Index/ADX (14) | 29.22 | POSITIVE | The high ADX value value for RVT suggests a strong trend. |
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 |
|---|---|---|---|
| 18.61 | 17.74 | 0.87 (4.67%) | 21.39% |
| An entry @18.61. This is a Buy Stop order right above the resistance zone. | An exit @17.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.87 points, which is 4.67%. | For a 1.00% total portfolio risk, you can invest 21.39% 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.
18.26
-0.2 (-1.08%)
ROYCE SMALL-CAP TRUST INC / RVT FAQ
What is the ChartMill technical rating of ROYCE SMALL-CAP TRUST INC (RVT) stock?
ChartMill assigns a technical rating of 10 / 10 to RVT.
What is the trend direction for RVT stock?
The current trend direction for ROYCE SMALL-CAP TRUST INC (RVT) is Bullish.
What is the RSI signal for ROYCE SMALL-CAP TRUST INC (RVT) stock?
ROYCE SMALL-CAP TRUST INC (RVT) has an RSI value of 63.2195. This indicates that the stock is currently neutral.
What is the MACD signal for RVT stock?
The MACD indicator for ROYCE SMALL-CAP TRUST INC (RVT) has a value of 0.010643, indicating a bearish trend.
What is the buy/sell signal for ROYCE SMALL-CAP TRUST INC (RVT) stock?
The buy/sell signal for ROYCE SMALL-CAP TRUST INC (RVT) is buy as both the short term and long term trends are positive.