Taking everything into account, ROIV scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ROIV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ROIV 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
11.50
3 important support areas can be observed.
- A support zone ranging from 20.10 to 20.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.31 from a trend line in the daily time frame.
- Support @11.62 from a horizontal line 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 ROIV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ROIV is up. |
| ChartMill Relative Strength | 95.22 | POSITIVE | ROIV has a high relative strength, it outperformed 95.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ROIV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ROIV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ROIV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.08 | NEUTRAL | The RSI value for ROIV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ROIV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.88 | NEUTRAL | The Stochastics value for ROIV is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ROIV suggests some volalility. |
| Average Directional Index/ADX (14) | 41.81 | POSITIVE | The high ADX value value for ROIV suggests a strong trend. |
22.1
+0.76 (+3.56%)
ROIVANT SCIENCES LTD / ROIV FAQ
What is the ChartMill technical rating of ROIVANT SCIENCES LTD (ROIV) stock?
ChartMill assigns a technical rating of 10 / 10 to ROIV.
What is the current trend direction of ROIVANT SCIENCES LTD (ROIV) stock?
The current trend direction for ROIVANT SCIENCES LTD (ROIV) is Bullish.
What is the RSI signal for ROIVANT SCIENCES LTD (ROIV) stock?
ROIVANT SCIENCES LTD (ROIV) has an RSI value of 68.0836. This indicates that the stock is currently neutral.
What is the MACD signal for ROIVANT SCIENCES LTD (ROIV) stock?
The MACD indicator for ROIVANT SCIENCES LTD (ROIV) has a value of -0.0172916, indicating a bearish trend.
Can you provide the support and resistance levels for ROIVANT SCIENCES LTD?
ROIVANT SCIENCES LTD (ROIV) has a support level at 20.22. Check the full technical report for our detailed analysis of ROIV support and resistance levels.