CEVA INC (CEVA) Stock Technical Analysis
NASDAQ:CEVA - Nasdaq - US1572101053 - Common Stock - Currency: USD
Taking everything into account, CEVA scores 3 out of 10 in our technical rating. In the past year, CEVA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
CEVA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CEVA has a been trading in the 18.31 - 22.90 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, CEVA turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
CEVA is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, CEVA did better than 51% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CEVA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.88
22.80
We found 4 important support areas.
- A support zone ranging from 20.78 to 21.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.89 to 19.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.89 from a trend line in the weekly time frame.
- Support @17.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.57 to 22.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for CEVA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CEVA is up. |
| ChartMill Relative Strength | 45.95 | NEUTRAL | CEVA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CEVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CEVA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for CEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests CEVA has a positive trend. |
| Stochastics (14,3) | 85.26 | OVERBOUGHT | The high Stochastics value suggests CEVA may be overbought. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.56 | 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)
22.56
+0.03 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.13%
1 Week9.3%
2 Weeks6.02%
1 Month17.26%
3 Month-13.03%
6 Month-30.31%
12 Month16.95%
2 Year-11.7%
3 Year-32.78%
5 Year-39.71%
10 Year16.11%
15 Year79.05%
Volatility
ATR(14)0.96
ATR(20)%4.13%
ATR Inc-21.21%
Range Today0.69
ADR(20)0.88
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.95
Mansfield-1.86
10 Day High22.9
10 Day Low19.84
20 Day High22.9
20 Day Low18.31
52 Week High38.94
52 Week Low16.02
CS1 End21.19
CR1 Start22.57
Volume & EV
DER(3)0.45%
DER(5)1.1%
Volume447.90K
Volume Incr26.17%
Vol(5)334.24K
Vol(50)292.76K