ROYCE SMALL-CAP TRUST INC (RVT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RVT - US7809101055
We assign a technical rating of 7 out of 10 to RVT. Although RVT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RVT has an excellent technical rating, it does not offer a high quality setup 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
14.47
3 important support areas can be observed.
- A support zone ranging from 15.88 to 16.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.99 to 15.50. 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 16.75 to 16.87. This zone is formed by a combination of multiple trend lines 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 | 55.11 | NEUTRAL | RVT is not amongst the best or worst performers 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) | 64.41 | NEUTRAL | The RSI value for RVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RVT has a positive trend. |
| Stochastics (14,3) | 95.92 | OVERBOUGHT | The high Stochastics value suggests RVT may be overbought. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for RVT suggests low volalility. |
| Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for RVT suggests a weak or negative trend. |
16.74
+0.12 (+0.72%)
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 7 / 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 64.4073. 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 0.044744, 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.