CARBON REVOLUTION PLC (CREV) Stock Technical Analysis
NASDAQ:CREV - Nasdaq - IE000OD0CSK4 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to CREV. CREV has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CREV is one of the better performing stocks in the Automobile Components industry, it outperforms 73% of 80 stocks in the same industry.
In the last month CREV has a been trading in the 2.11 - 5.99 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CREV did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CREV has an excellent technical rating, it does not present a decent entry opportunity 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
2.57
7.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.16 to 3.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.91 from a trend line in the daily time frame.
- Support @2.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @7.17 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 | UP | POSITIVE | The short term trend for CREV is up. |
| 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) | UP | POSITIVE | The current price of CREV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CREV is above the rising 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) | 69.8 | NEUTRAL | The RSI value for CREV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CREV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.87 | NEUTRAL | The Stochastics value for CREV is a neutral value. |
| Average True Range in percent/ATR (20) | 13.15 | HIGH VOLATILITY | The high ATR as a percentage value for CREV suggests high volalility. |
| Average Directional Index/ADX (14) | 36.86 | POSITIVE | The high ADX value value for CREV 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)
5.1
-0.22 (-4.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-4.14%
1 Week35.64%
2 Weeks80.85%
1 Month101.58%
3 Month57.89%
6 Month0.99%
12 Month-15.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.76
ATR(20)%13.15%
ATR Inc7.31%
Range Today0.55
ADR(20)0.64
ADR(20)%12.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.82
Mansfield1.66
10 Day High5.99
10 Day Low2.51
20 Day High5.99
20 Day Low2.11
52 Week High14.19
52 Week Low2
CS1 End3.2
CR1 Start7.17
Volume & EV
DER(3)2.5%
DER(5)5.54%
Volume133.30K
Volume Incr-34.37%
Vol(5)400.28K
Vol(50)457.22K