CONAVI MEDICAL CORP (CNVI.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CNVI - CA2059531020 - Common Stock
Taking everything into account, CNVI scores 0 out of 10 in our technical rating. CNVI'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.
- 96% of all other stocks performed better in the past year than CNVI.
- CNVI is part of the Health Care Equipment & Supplies industry. There are 16 other stocks in this industry, of which 86% are performing better than CNVI.
- 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.
- In the last month CNVI has a been trading in the 0.44 - 0.57 range, which is quite wide. It is currently trading near the lows of this range.
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 very little resistance above the current price. There is a support zone below the current price at 0.44, 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
0.43
We found 2 important support areas.
- Support @0.44 from a horizontal line in the daily time frame.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.57 to 0.57. 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 | 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 | 4.19 | NEGATIVE | CNVI.CA has a low relative strength, it was outperformed by 95.81% 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) | DOWN | NEGATIVE | The current price of CNVI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.36 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 5.36 | OVERSOLD | The low Stochastics value suggests CNVI.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for CNVI.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.32 | NEUTRAL | The ADX value for CNVI.CA suggests a possible start of a new trend. |
TSX-V:CNVI (1/26/2026, 7:00:00 PM)
0.445
-0.01 (-1.11%)
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 39.3577. 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 0.00236222, 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.