REVOLUTION MEDICINES INC (RVMD)

US76155X1000 - Common Stock

56.75  -0.03 (-0.05%)

After market: 56.75 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, RVMD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RVMD is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RVMD is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by RVMD over the past year are nicely spread over this period.
RVMD is part of the Biotechnology industry. There are 571 other stocks in this industry. RVMD outperforms 92% of them.
RVMD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RVMD is lagging the market slightly.
RVMD has an average volume of 1331500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RVMD has a been trading in the 46.74 - 62.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RVMD Weekly chart
RVMD Daily chart
Setup Rating and Analysis

6

RVMD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

41.56

57.32

5 important support areas can be observed.

  • A support zone ranging from 56.04 to 56.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @54.23 from a horizontal line in the daily time frame.
  • Support @49.58 from a trend line in the daily time frame.
  • Support @48.04 from a trend line in the weekly time frame.
  • Support @41.98 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.77
Mansfield3.28
10 Day High62.4
10 Day Low53.69
20 Day High62.4
20 Day Low46.74
52 Week High62.4
52 Week Low20.98
Performance
1 Week2.94%
2 Weeks-6.11%
1 Month22.25%
3 Month30.04%
6 Month49.54%
12 Month162.98%
2 Year140.57%
3 Year105.17%
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)-0.44
RSI(14)58.35
LBB54.02
UBB61.35
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
57.2056.031.17 (2.04%)25.00%
An entry @57.20. This is a Buy Stop order right above the 10 day moving average.An exit @56.03. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.17 points, which is 2.04%.For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of RVMD. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RVMD Daily chart

REVOLUTION MEDICINES INC

NASDAQ:RVMD (11/22/2024, 8:03:06 PM)

After market: 56.75 0 (0%)

56.75

-0.03 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.05%
1 Week2.94%
2 Weeks-6.11%
1 Month22.25%
3 Month30.04%
6 Month49.54%
12 Month162.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.21
ATR(20)%3.97%
ATR Inc
Range Today1.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High62.4
10 Day Low53.69
20 Day High62.4
20 Day Low46.74
52 Week High62.4
52 Week Low20.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.17M
Volume Incr-39.38%
Vol(5)1.02M
Vol(50)1.33M