CONAVI MEDICAL CORP (CNVI.CA) Stock Technical Analysis
TSX-V:CNVI - TSX Venture Exchange - CA2059531020 - Common Stock - Currency: CAD
Taking everything into account, CNVI scores 5 out of 10 in our technical rating. In the past year, CNVI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
100% of all other stocks performed better in the past year than CNVI.
CNVI is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 100% of 15 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CNVI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CNVI has an average technical rating and the quality of the presented setup is also not ideal 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
0.49
0.54
We found 1 important support area.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @0.51 from a trend line in the daily time frame.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CNVI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNVI.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CNVI.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNVI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNVI.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.37 | NEUTRAL | The RSI value for CNVI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNVI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.97 | NEUTRAL | The Stochastics value for CNVI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for CNVI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.92 | POSITIVE | The high ADX value value for CNVI.CA suggests a strong 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)
TSX-V:CNVI (7/23/2025, 7:00:00 PM)
0.5
-0.01 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.96%
1 Week2.04%
2 Weeks13.64%
1 Month29.87%
3 Month28.21%
6 Month-34.21%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.13%
ATR Inc-17.16%
Range Today0.04
ADR(20)0.02
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.54
10 Day Low0.43
20 Day High0.54
20 Day Low0.38
52 Week HighN/A
52 Week LowN/A
CS1 End0.49
CR1 Start0.51
Volume & EV
DER(3)0%
DER(5)0%
Volume23.41K
Volume Incr-65.44%
Vol(5)20.65K
Vol(50)56.52K