Red Violet Stock Forecast

Buy candidate since Jul 24, 2026 Gain 14.00%

The Red Violet Inc. stock price gained 1.49% on the last trading day (Friday, 31st Jul 2026), rising from $68.36 to $69.38. It has now gained 6 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the last trading day the stock fluctuated 3.55% from a day low at $67.21 to a day high of $69.59. The price has risen in 7 of the last 10 days and is up by 6.39% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 235 thousand shares were bought and sold for approximately $16.29 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 48.00% during the next 3 months and, with a 90% probability hold a price between $91.77 and $113.12 at the end of this 3-month period.

RDVT Signals & Forecast

The Red Violet Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $65.06 and $62.71. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, July 23, 2026, and so far it has risen 16.47%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Red Violet Inc. stock

Red Violet Inc. finds support from accumulated volume at $67.80 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.39 between high and low, or 3.55%. For the last week, the stock has had daily average volatility of 4.46%.

Since the Red Violet Inc. has been rising for 6 days in a row, the risk over the next couple of days has increased. We don't expect a major reaction as the stock is in very good shape technically, and therefore hold a positive evaluation despite the very short term risk.

Our recommended stop-loss: $66.63 (-3.96%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (RDVT) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Red Violet Inc. to open at $68.73, and during the day (based on 14 day Average True Range), to move between $67.94 and $70.82, which gives a possible trading interval of +/-$2.88 (+/-4.24%) up or down from last closing price. If Red Violet Inc. takes out the full calculated possible swing range there will be an estimated 4.24% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $67.80, some $1.58 (2.28%) from the current price of $69.38, our system finds the risk reward attractive.

Is Red Violet Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Red Violet Inc. stock to perform well in the short-term.

Current score: 4.324 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $68.73 ( 0.94%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk