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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On Thursday, REV Group Inc stock price gained an impressive 7.08%
(Updated on Mar 28, 2024)

Buy candidate since Mar 26, 2024 Gain 12.02% PDF

The REV Group Inc stock price gained 7.08% on the last trading day (Thursday, 28th Mar 2024), rising from $20.63 to $22.09. It has now gained 4 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 8.60% from a day low at $20.53 to a day high of $22.29. The price has risen in 7 of the last 10 days and is up by 18.89% 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, 1 million more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $44.12 million.

The stock has broken the wide and strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $21.83, a level that may pose a second chance to hit a runner. According to fan-theory $25.69 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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REVG Signals & Forecast

Mostly positive signals in the chart today. 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 $19.61 and $19.14. 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 20.05%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

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 $1.77 between high and low, or 8.60%. For the last week, the stock has had daily average volatility of 4.71%.

The REV Group Inc stock is extremely overbought on RSI14 (80). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $21.34 (-3.40%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 80 and this increases the risk substantially. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (REVG) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect REV Group Inc to open at $21.64, and during the day (based on 14 day Average True Range), to move between $21.24 and $22.94, which gives a possible trading interval of +/-$0.85 (+/-3.83%) up or down from last closing price. If REV Group Inc takes out the full calculated possible swing range there will be an estimated 7.66% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $19.34, some $2.75 (12.45%) from the current price of $22.09, our system finds the risk reward attractive.

Is REV Group Inc stock A Buy?

REV Group Inc holds several positive signals and has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 7.219 Strong Buy Candidate Unchanged

Predicted Opening Price for REV Group Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$21.64 ( 2.06%) $22.09

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 23.40 5.93 %
R2 22.73 2.88 %
R1 22.31 0.99 %
Current price: 22.09
Support S1 20.96 -5.11 %
S2 20.54 -7.00 %
S3 19.87 -10.05 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 22.09
Support S1 19.34 -12.45%
S2 18.58 -15.89%
S3 18.26 -17.34%

REVG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 27, 2024 Mar 27, 2024 Apr 12, 2024 $0.0500 0.226%
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 has broken the strong rising trend up. As the stock is also in great technical shape we, therefore, consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

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 2024-03-28, the price of an REV Group Inc (REVG) share was $22.09.

What is the 52-week high and low for REV Group Inc Stock?
The 52-week high for REV Group Inc Stock is $22.29 and the 52-week low is $9.85.

What is the market capitalization of REV Group Inc Stock?
As of the 2024-03-28, the market capitalization of REV Group Inc is 1.146B.

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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