CEVA INC (CEVA) Stock Technical Analysis
NASDAQ:CEVA - Nasdaq - US1572101053 - Common Stock - Currency: USD
Overall CEVA gets a technical rating of 0 out of 10. CEVA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
84% of all other stocks performed better in the past year than CEVA.
CEVA is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 62% of 110 stocks in the same industry do better.
CEVA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CEVA is lagging the market.
In the last month CEVA has a been trading in the 18.31 - 22.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CEVA has a poor technical rating and the quality of the setup is also only medium 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
23.88
We found 2 important support areas.
- A support zone ranging from 18.74 to 18.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.05 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @20.66 from a horizontal line in the daily time frame.
- Resistance @21.17 from a trend line in the daily time frame.
- A resistance zone ranging from 23.39 to 23.64. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly 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 | DOWN | NEGATIVE | The long term trend for CEVA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEVA is down. |
| ChartMill Relative Strength | 16.5 | NEGATIVE | CEVA has a low relative strength, it was outperformed by 83.5% 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) | DOWN | NEGATIVE | The current price of CEVA is below 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) | 43.73 | NEUTRAL | The RSI value for CEVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests CEVA has a positive trend. |
| Stochastics (14,3) | 58.51 | NEUTRAL | The Stochastics value for CEVA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CEVA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for CEVA suggests a possible start of a new 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)
20.24
+0.3 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.5%
1 Week7.89%
2 Weeks2.38%
1 Month0%
3 Month-37.59%
6 Month-36.05%
12 Month0.9%
2 Year-20.78%
3 Year-39.69%
5 Year-45.91%
10 Year4.17%
15 Year60.63%
Volatility
ATR(14)0.8
ATR(20)%4.18%
ATR Inc1.36%
Range Today0.44
ADR(20)0.76
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.5
Mansfield-2.51
10 Day High20.95
10 Day Low18.31
20 Day High22.53
20 Day Low18.31
52 Week High38.94
52 Week Low16.02
CS1 End18.76
CR1 Start20.66
Volume & EV
DER(3)-4.33%
DER(5)-1.85%
Volume247.80K
Volume Incr-12.53%
Vol(5)311.60K
Vol(50)287.30K