RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of REVG
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REV Group Inc stock upgraded to Strong Buy Candidate.
(Updated on Mar 27, 2024)

Buy candidate since Mar 26, 2024 Gain 4.61% PDF

The REV Group Inc stock price gained 4.61% on the last trading day (Wednesday, 27th Mar 2024), rising from $19.72 to $20.63. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.72% from a day low at $19.72 to a day high of $20.65. The price has risen in 6 of the last 10 days and is up by 7.5% over the past 2 weeks. Volume fell on the last day by -505 thousand shares and in total, 942 thousand shares were bought and sold for approximately $19.44 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 11.21% during the next 3 months and, with a 90% probability hold a price between $19.74 and $24.05 at the end of this 3-month period.

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REVG Signals & Forecast

The REV Group 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 $19.14 and $19.07. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 11, 2024, and so far it has risen 12.12%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 REV Group Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $19.34 and $18.58. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, REV Group Inc finds support just below today's level at $19.34. If this is broken, then the next support from accumulated volume will be at $18.58 and $18.26.

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 $0.93 between high and low, or 4.72%. For the last week, the stock has had daily average volatility of 3.50%.

Our recommended stop-loss: $19.94 (-3.32%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (REVG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect REV Group Inc to open at $20.33, and during the day (based on 14 day Average True Range), to move between $19.85 and $21.41, which gives a possible trading interval of +/-$0.775 (+/-3.76%) up or down from last closing price. If REV Group Inc takes out the full calculated possible swing range there will be an estimated 7.52% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $20.64 (0.05%) than the support at $19.34 (6.25%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is REV Group Inc stock A Buy?

REV Group Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.403 Strong Buy Candidate Upgraded

Predicted Opening Price for REV Group Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$20.33 ( 1.44%) $20.63

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for REVG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.26 3.07 %
R2 20.91 1.35 %
R1 20.69 0.284 %
Current price: 20.63
Support S1 19.98 -3.16 %
S2 19.76 -4.22 %
S3 19.40 -5.95 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 20.78 0.727 %
R2 20.76 0.630 %
R1 20.64 0.0485 %
Current price 20.63
Support S1 19.34 -6.25%
S2 18.58 -9.94%
S3 18.26 -11.49%

REVG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 12, 2024 $0.0500 0.242%
2 Jan 29, 2024 Feb 08, 2024 Feb 16, 2024 $3.00 15.51%
3 Dec 22, 2023 Dec 22, 2023 Jan 12, 2024 $0.0500 0.287%
4 Sep 13, 2023 Sep 28, 2023 Oct 13, 2023 $0.0500 0.325%
5 Jun 08, 2023 Jun 29, 2023 Jul 14, 2023 $0.0500 0.380%

FAQ

What is the symbol for REV Group Inc Stock and on which exchange is it traded?
The symbol for REV Group Inc is REVG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell REV Group Inc Stock?
REV Group Inc holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy REV Group Inc Stock?
REV Group Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy REV Group Inc Stock.

What's the current price of REV Group Inc Stock?
As of the end of day on the 2024-03-27, the price of an REV Group Inc (REVG) share was $20.63.

What is the 52-week high and low for REV Group Inc Stock?
The 52-week high for REV Group Inc Stock is $21.33 and the 52-week low is $9.85.

What is the market capitalization of REV Group Inc Stock?
As of the 2024-03-27, the market capitalization of REV Group Inc is 1.023B.

When is the next earnings date for REV Group Inc?
The upcoming earnings date for REV Group Inc is Jun 13, 2024.
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About REV Group Inc

REV Group REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment provides fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara, Spartan Emergency Response, Smeal, and Ladder Tower brands; ... REVG Profile

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