CARBON REVOLUTION PLC (CREV) Stock Technical Analysis
USA - NASDAQ:CREV - IE000OD0CSK4 - Common Stock
4.23 USD
-0.48 (-10.19%)
4.6 USD
+0.37 (+8.75%)
Taking everything into account, CREV scores 4 out of 10 in our technical rating. In the last year, CREV was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CREV 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 CREV has a been trading in the 3.72 - 5.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that CREV is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CREV is part of the Automobile Components industry. There are 81 other stocks in this industry, CREV did better than 67% of them.
Considerably lower volume is observed in the last couple of days.
CREV has an average technical rating and it also does not offer a high 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
2.27
6.87
5 important support areas can be observed.
- A support zone ranging from 4.07 to 4.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.00 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.75 from a trend line in the weekly time frame.
- Support @2.47 from a trend line in the weekly time frame.
- A support zone ranging from 2.29 to 2.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.23 to 4.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.72 from a horizontal line in the daily time frame.
- Resistance @6.80 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 | NEUTRAL | NEUTRAL | The long term trend for CREV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CREV is neutral. |
| ChartMill Relative Strength | 79.82 | POSITIVE | CREV has a high relative strength, it outperformed 79.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CREV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CREV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CREV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.92 | NEUTRAL | The RSI value for CREV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CREV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.41 | NEUTRAL | The Stochastics value for CREV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.03 | HIGH VOLATILITY | The high ATR as a percentage value for CREV suggests high volalility. |
| Average Directional Index/ADX (14) | 24.61 | NEUTRAL | The ADX value for CREV 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)
4.23
-0.48 (-10.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-10.19%
1 Week1.81%
2 Weeks2.67%
1 Month-0.24%
3 Month48.16%
6 Month40.07%
12 Month-9.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%9.03%
ATR Inc82.95%
Range Today0.61
ADR(20)0.38
ADR(20)%8.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.82
Mansfield0.41
10 Day High4.94
10 Day Low3.92
20 Day High5.02
20 Day Low3.72
52 Week High12.75
52 Week Low2
CS1 End4.09
CR1 Start4.23
Volume & EV
DER(3)2.25%
DER(5)5.71%
Volume32.10K
Volume Incr88.98%
Vol(5)54.50K
Vol(50)201.02K