RIVERVIEW ACQUISITION CORP-A (RVAC) Stock Technical Analysis
NASDAQ:RVAC - Nasdaq - US7693951045 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to RVAC. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, RVAC is a bad performer.
100% of all other stocks performed better in the past year than RVAC.
Both the short term and long term trends are positive. This is a very positive sign.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
RVAC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RVAC is lagging the market.
In the last month RVAC has a been trading in the 9.68 - 14.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although RVAC has an excellent technical rating, it does not present a decent entry opportunity 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
9.58
11.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.91 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.68 to 9.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.16 to 11.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 High14.4
10 Day Low9.68
20 Day High14.4
20 Day Low9.68
52 Week High14.4
52 Week Low9.64
Performance
1 Week11.28%
2 Weeks11.28%
1 Month11.84%
3 Month12.4%
6 Month14.01%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)56.55
LBB8.43
UBB12.56
11.15
-0.31 (-2.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.71%
1 Week11.28%
2 Weeks11.28%
1 Month11.84%
3 Month12.4%
6 Month14.01%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%4.24%
ATR Inc366.2%
Range Today1.1
ADR(20)N/A
ADR(20)%N/A
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 High14.4
10 Day Low9.68
20 Day High14.4
20 Day Low9.68
52 Week High14.4
52 Week Low9.64
CS1 End10.11
CR1 Start11.16
Volume & EV
DER(3)2.74%
DER(5)-0.75%
Volume479.10K
Volume Incr136.16%
Vol(5)992.88K
Vol(50)317.00K