CLOVER HEALTH INVESTMENTS CO (CLOV) Technical Analysis
NASDAQ:CLOV • US18914F1030
Current stock price
CLOV Technical Rating and Analysis
Overall CLOV gets a technical rating of 0 out of 10. CLOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than CLOV.
- CLOV is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 77% are performing better than CLOV.
- CLOV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CLOV is lagging the market.
- In the last month CLOV has a been trading in the 1.58 - 2.05 range, which is quite wide. It is currently trading near the lows of this range.
- CLOV has an average volume of 5943170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CLOV Weekly and Daily overview Charts
CLOV Setup Rating and Analysis
The technical rating of CLOV 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
CLOV Support and Resistance Analysis
1.67
We found 1 important support area.
- A support zone ranging from 1.69 to 1.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.82 from a trend line in the daily time frame.
- Resistance @3.23 from a trend line in the weekly time frame.
CLOV Technical Indicator Signal Analysis
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 CLOV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CLOV is down. |
| ChartMill Relative Strength | 7.62 | NEGATIVE | CLOV has a low relative strength, it was outperformed by 92.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CLOV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CLOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CLOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.09 | NEUTRAL | The RSI value for CLOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CLOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.73 | NEUTRAL | The Stochastics value for CLOV is a neutral value. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CLOV suggests some volalility. |
| Average Directional Index/ADX (14) | 18.37 | NEGATIVE | The low ADX value for CLOV suggests a weak or negative trend. |
CLOV Chart- and CandleStick Pattern Analysis
CLOV Technicals: Chart, Performance Metrics, Trend & Indicators
1.72
+0.02 (+1.18%)
CLOVER HEALTH INVESTMENTS CO / CLOV TA FAQ
What is the ChartMill technical rating of CLOVER HEALTH INVESTMENTS CO (CLOV) stock?
ChartMill assigns a technical rating of 0 / 10 to CLOV.
What is the trend direction for CLOV stock?
The current trend direction for CLOVER HEALTH INVESTMENTS CO (CLOV) is Bearish.
What is the RSI signal for CLOVER HEALTH INVESTMENTS CO (CLOV) stock?
CLOVER HEALTH INVESTMENTS CO (CLOV) has an RSI value of 31.0872. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for CLOVER HEALTH INVESTMENTS CO?
The buy/sell signal for CLOVER HEALTH INVESTMENTS CO (CLOV) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for CLOVER HEALTH INVESTMENTS CO?
CLOVER HEALTH INVESTMENTS CO (CLOV) has a support level at 1.71 and a resistance level at 1.76. Check the full technical report for our detailed analysis of CLOV support and resistance levels.