Retractable technologies, inc.

US StockHealth Care

RVP Swing Trading Score

3

24

15

Weakening Action
  • AI analysis rates RVP with  a lower swing trading score of 2.
  • It is mainly due to  the negative AI swing signal,along with  the relatively high short-term volatility.
  • Furthermore, based on the current swing trading score, the probability of future bullish swings occurring or continuing appears to be low.

RVP Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

RVP Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of RVP from 2007/01 till Now

647.77%
Cumulative Return
12.75%
Annual Return
69.44%
Volatility
0.18
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to April, 2024. (Total Trades: 151)

RVPSectorUS Overall Market
Wining Rate42%39%43%
Avg Return3.7%2.5%2.3%
Avg Profit17.6%21.9%15.2%
Avg Loss-7.2%-10.1%-7.5%
Avg Risk-Reward Ratio244.2%217.8%203%

Update to 2024/4/17 (Daily Update)

Top 10 High Relevance to RVP Swing Trading Score