RETRACTABLE TECHNOLOGIES INC (RVP) Stock Technical Analysis
NYSEARCA:RVP - NYSE Arca - US76129W1053 - Common Stock - Currency: USD
Taking everything into account, RVP scores 7 out of 10 in our technical rating. RVP has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month RVP has a been trading in the 0.75 - 0.89 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, RVP outperforms 43% of them, which is more or less in line with the market.
RVP is an average performer in the Health Care Equipment & Supplies industry, it outperforms 61% of 190 stocks in the same industry.
RVP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RVP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, RVP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.81, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.77
1.02
2 important support areas can be observed.
- A support zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.78 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.86 to 0.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.01 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.78
Mansfield-1.66
10 Day High0.89
10 Day Low0.76
20 Day High0.89
20 Day Low0.75
52 Week High1.33
52 Week Low0.56
Performance
1 Week6.16%
2 Weeks7.09%
1 Month7.33%
3 Month35.32%
6 Month-11.83%
12 Month-34.92%
2 Year-56.39%
3 Year-82.15%
5 Year-48.41%
10 Year-79.76%
15 Year-43.22%
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
RSI(14)61.97
LBB0.77
UBB0.84
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.87 | 0.80 | 0.07 (8.05%) | 12.43% |
| An entry @0.87. This is a Buy Stop order right above the resistance zone. | An exit @0.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 8.05%. | When investing 12.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
0.846
+0.02 (+1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.93%
1 Week6.16%
2 Weeks7.09%
1 Month7.33%
3 Month35.32%
6 Month-11.83%
12 Month-34.92%
2 Year-56.39%
3 Year-82.15%
5 Year-48.41%
10 Year-79.76%
15 Year-43.22%
Volatility
ATR(14)0.04
ATR(20)%5.58%
ATR Inc73.45%
Range Today0.08
ADR(20)0.05
ADR(20)%5.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.78
Mansfield-1.66
10 Day High0.89
10 Day Low0.76
20 Day High0.89
20 Day Low0.75
52 Week High1.33
52 Week Low0.56
CS1 End0.81
CR1 Start0.86
Volume & EV
DER(3)-4.94%
DER(5)-5.31%
Volume88.80K
Volume Incr10.61%
Vol(5)78.42K
Vol(50)83.47K