Royce Value Trust Technical Analysis (NYSE:RVT)
Technical analysis is the study of Price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. Just by looking at the Royce Value Trust Price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the RVT Chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Royce Value Trust. The technical analysis form of Royce Value Trust Analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Royce Value Trust Moving Average
Moving averages show the RVT Price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $15.74 is below the price of $16.07.
Royce Value Trust Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Royce Value Trust. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The Price is trading between the average and the upper band in the context of Royce Value Trust bollinger bands.
Royce Value Trust Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the Price trend, as the indicator is useful in understanding the strength, direction and momentum of the Price. The Royce Value Trust MACD line is above the signal line.
Royce Value Trust Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of RVT stock is 64.73.