REZOLVE AI PLC (RZLV) Stock Technical Analysis
NASDAQ:RZLV - Nasdaq - GB00BQH8G337 - Common Stock - Currency: USD
Taking everything into account, RZLV scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, RZLV is a bad performer.
When comparing the yearly performance of all stocks, RZLV is a bad performer in the overall market: 100% of all stocks are doing better.
RZLV is part of the Software industry. There are 282 other stocks in this industry, of which 90% are performing better than RZLV.
Both the short term and long term trends are positive. This is a very positive sign.
RZLV has an average volume of 7375870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RZLV has a been trading in the 1.92 - 3.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RZLV has an excellent technical rating, but the quality of the setup is only medium 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
1.88
3.11
We found 4 important support areas.
- A support zone ranging from 2.53 to 2.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.42 from a horizontal line in the daily time frame.
- A support zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.83 from a horizontal line in the weekly time frame.
- Resistance @2.90 from a trend line in the daily time frame.
- A resistance zone ranging from 3.04 to 3.08. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for RZLV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RZLV is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | RZLV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RZLV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RZLV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RZLV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.17 | NEUTRAL | The RSI value for RZLV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RZLV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.1 | NEUTRAL | The Stochastics value for RZLV is a neutral value. |
| Average True Range in percent/ATR (20) | 10.22 | HIGH VOLATILITY | The high ATR as a percentage value for RZLV suggests high volalility. |
| Average Directional Index/ADX (14) | 24.36 | NEUTRAL | The ADX value for RZLV suggests a possible start of a new trend. |
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)
2.82
-0.05 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.74%
1 Week11.02%
2 Weeks0%
1 Month40.3%
3 Month101.43%
6 Month-0.7%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%10.22%
ATR Inc4.56%
Range Today0.16
ADR(20)0.25
ADR(20)%8.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.03
10 Day Low2.39
20 Day High3.33
20 Day Low1.92
52 Week HighN/A
52 Week LowN/A
CS1 End2.53
CR1 Start2.83
Volume & EV
DER(3)-1.24%
DER(5)-6.29%
Volume8.04M
Volume Incr-33.92%
Vol(5)7.85M
Vol(50)7.38M