REVOLUTION MEDICINES INC (RVMD) Stock Technical Analysis
NASDAQ:RVMD - Nasdaq - US76155X1000 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to RVMD. RVMD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
RVMD is one of the better performing stocks in the Biotechnology industry, it outperforms 75% of 572 stocks in the same industry.
In the last month RVMD has a been trading in the 40.06 - 44.68 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RVMD has an average volume of 1285470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, RVMD turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
RVMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RVMD is lagging the market.
Although the technical rating is bad, RVMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 40.78, a Stop Loss order could be placed below this zone.
More info and screens
39.42
45.74
We found 1 important support area.
- A support zone ranging from 39.82 to 40.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 42.84 to 42.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.69 to 44.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @45.29 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.18
Mansfield-0.9
10 Day High44.02
10 Day Low40.13
20 Day High44.68
20 Day Low40.07
52 Week High62.4
52 Week Low29
Performance
1 Week0.05%
2 Weeks-5.12%
1 Month0.49%
3 Month-27.15%
6 Month-5.27%
12 Month39%
2 Year54.48%
3 Year118.5%
5 Year32.2%
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)0.1
RSI(14)44.7
LBB40.33
UBB43.87
41.34
-0.92 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.18%
1 Week0.05%
2 Weeks-5.12%
1 Month0.49%
3 Month-27.15%
6 Month-5.27%
12 Month39%
2 Year54.48%
3 Year118.5%
5 Year32.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%3.69%
ATR Inc-4.76%
Range Today1.68
ADR(20)1.5
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.18
Mansfield-0.9
10 Day High44.02
10 Day Low40.13
20 Day High44.68
20 Day Low40.07
52 Week High62.4
52 Week Low29
CS1 End40.78
CR1 Start42.84
Volume & EV
DER(3)-0.58%
DER(5)-1.4%
Volume1.12M
Volume Incr-22.27%
Vol(5)1.01M
Vol(50)1.29M