REV GROUP INC (REVG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:REVG - US7495271071 - Common Stock
Taking everything into account, REVG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, REVG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although REVG 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.
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34.24
When analyzing the support we can see 5 important areas.
- A support zone ranging from 55.46 to 56.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.87 from a trend line in the weekly time frame.
- Support @51.49 from a trend line in the daily time frame.
- Support @49.82 from a trend line in the daily time frame.
- Support @34.59 from a trend line in the weekly 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 REVG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REVG is up. |
| ChartMill Relative Strength | 92.88 | POSITIVE | REVG has a high relative strength, it outperformed 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REVG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REVG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REVG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.02 | NEUTRAL | The RSI value for REVG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests REVG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.7 | OVERBOUGHT | The high Stochastics value suggests REVG may be overbought. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for REVG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.63 | NEUTRAL | The ADX value for REVG suggests a possible start of a new trend. |
61.28
+0.86 (+1.42%)
REV GROUP INC / REVG FAQ
What is the technical rating for REVG stock?
ChartMill assigns a technical rating of 10 / 10 to REVG.
What is the trend direction for REVG stock?
The current trend direction for REV GROUP INC (REVG) is Bullish.
What is the RSI signal for REVG stock?
REV GROUP INC (REVG) has an RSI value of 68.0196. This indicates that the stock is currently neutral.
What is the MACD signal for REVG stock?
The MACD indicator for REV GROUP INC (REVG) has a value of 0.588433, indicating a bearish trend.
What is the short term momentum for REVG stock?
The short term momentum for REV GROUP INC (REVG) is positive.