CONAVI MEDICAL CORP (CNVI.CA) Stock Technical Analysis
TSX-V:CNVI • CA2059531020
We assign a technical rating of 0 out of 10 to CNVI. CNVI 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.
- When comparing the yearly performance of all stocks, CNVI is a bad performer in the overall market: 97% of all stocks are doing better.
- CNVI is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 85% of 15 stocks in the same industry do better.
- CNVI 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.
- CNVI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CNVI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNVI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.41
We found 1 important support area.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.55 from a trend line 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 CNVI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNVI.CA is down. |
| ChartMill Relative Strength | 3.58 | NEGATIVE | CNVI.CA has a low relative strength, it was outperformed by 96.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNVI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNVI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CNVI.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.3 | NEUTRAL | The RSI value for CNVI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNVI.CA has a positive trend. |
| Stochastics (14,3) | 36.67 | NEUTRAL | The Stochastics value for CNVI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CNVI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 9.59 | NEGATIVE | The low ADX value for CNVI.CA suggests a weak or negative trend. |
TSX-V:CNVI (2/19/2026, 7:00:00 PM)
0.415
-0.01 (-1.19%)
CONAVI MEDICAL CORP / CNVI.CA FAQ
What is the technical rating for CNVI stock?
ChartMill assigns a technical rating of 0 / 10 to CNVI.CA.
What is the current trend direction of CONAVI MEDICAL CORP (CNVI.CA) stock?
The current trend direction for CONAVI MEDICAL CORP (CNVI.CA) is Bearish.
What is the RSI signal for CONAVI MEDICAL CORP (CNVI.CA) stock?
CONAVI MEDICAL CORP (CNVI.CA) has an RSI value of 38.3043. This indicates that the stock is currently neutral.
What is the MACD signal for CONAVI MEDICAL CORP (CNVI.CA) stock?
The MACD indicator for CONAVI MEDICAL CORP (CNVI.CA) has a value of 0.00184499, indicating a bearish trend.
What is the buy/sell signal for CONAVI MEDICAL CORP (CNVI.CA) stock?
The buy/sell signal for CONAVI MEDICAL CORP (CNVI.CA) is sell as both the short term and long term trends are negative.