RZLV Technical Analysis - REZOLVE AI PLC

Technical Rating and Analysis

Overall RZLV gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month RZLV has a been trading in the 4.70 - 7.58 range, which is quite wide. It is currently trading near the lows of this range.

RZLV is one of the better performing stocks in the Software industry, it outperforms 79% of 285 stocks in the same industry.

RZLV has an average volume of 22155400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

Looking at the yearly performance, RZLV did better than 88% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

RZLV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RZLV is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

REZOLVE AI PLC / RZLV Weekly stock chart

Setup Rating and Analysis

RZLV 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 very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.22

6.19

When analyzing the support we can see 4 important areas.

A support zone ranging from 4.86 to 4.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @4.11 from a trend line in the daily time frame.
Support @3.96 from a trend line in the daily time frame.
Support @3.25 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

Resistance @6.13 from a trend line in the daily time frame.

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What is Support and Resistance

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Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for RZLV is down.
ChartMill Relative Strength	88.41	POSITIVE	RZLV has a high relative strength, it outperformed 88.41% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of RZLV is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of RZLV is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of RZLV is above the rising SMA(200).
Relative Strength Index/RSI (14)	41.93	NEUTRAL	The RSI value for RZLV is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.21	NEGATIVE	The MACD value suggests RZLV has a negative trend.
Stochastics (14,3)	14.7	OVERSOLD	The low Stochastics value suggests RZLV may be oversold.
Average True Range in percent/ATR (20)	16.05	HIGH VOLATILITY	The high ATR as a percentage value for RZLV suggests high volalility.
Average Directional Index/ADX (14)	22.7	NEUTRAL	The ADX value for RZLV suggests a possible start of a new trend.