CEVA INC (CEVA) Stock Technical Analysis
USA - NASDAQ:CEVA - US1572101053 - Common Stock
27.21 USD
+0.28 (+1.04%)
27.63 USD
+0.42 (+1.54%)
Overall CEVA gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, CEVA did better than 81% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CEVA is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, CEVA did better than 52% of them.
CEVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CEVA is lagging the market.
In the last month CEVA has a been trading in the 25.44 - 30.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CEVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
19.27
30.16
We found 4 important support areas.
- A support zone ranging from 26.64 to 27.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.68 to 26.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.50 to 23.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 27.54 to 27.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 28.08 to 28.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.86 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CEVA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CEVA is neutral. |
| ChartMill Relative Strength | 81.84 | POSITIVE | CEVA has a high relative strength, it outperformed 81.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CEVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CEVA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.59 | NEUTRAL | The RSI value for CEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests CEVA has a negative trend. |
| Stochastics (14,3) | 35.35 | NEUTRAL | The Stochastics value for CEVA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for CEVA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.67 | NEGATIVE | The low ADX value for CEVA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
27.21
+0.28 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.04%
1 Week-3.13%
2 Weeks2.14%
1 Month-2.89%
3 Month31.45%
6 Month0.44%
12 Month14.91%
2 Year58.47%
3 Year-1.63%
5 Year-32.51%
10 Year16.43%
15 Year47%
Volatility
ATR(14)1.43
ATR(20)%6.04%
ATR Inc-48.49%
Range Today0.89
ADR(20)1.48
ADR(20)%5.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.84
3 months CRS88.38
6 months CRS27.82
Mansfield-0.95
10 Day High29.2
10 Day Low25.44
20 Day High30.88
20 Day Low25.44
52 Week High38.94
52 Week Low18.31
CS1 End27.01
CR1 Start27.54
Volume & EV
DER(3)-3.07%
DER(5)-2.26%
Volume203.30K
Volume Incr-21.66%
Vol(5)226.14K
Vol(50)289.90K
CEVA INC / CEVA FAQ
What is the ChartMill technical rating of CEVA INC (CEVA) stock?
ChartMill assigns a technical rating of 7 / 10 to CEVA.
Can you provide the trend direction for CEVA INC?
The current trend direction for CEVA INC (CEVA) is Bullish.
Can you provide the RSI signal for CEVA INC?
CEVA INC (CEVA) has an RSI value of 49.5891. This indicates that the stock is currently neutral.
What is the MACD signal for CEVA INC (CEVA) stock?
The MACD indicator for CEVA INC (CEVA) has a value of -0.236945, indicating a bearish trend.
What are the support and resistance levels for CEVA INC (CEVA) stock?
CEVA INC (CEVA) has a support level at 27.01 and a resistance level at 27.54. Check the full technical report for our detailed analysis of CEVA support and resistance levels.