CORVEL CORP (CRVL) Stock Technical Analysis
NASDAQ:CRVL - Nasdaq - US2210061097 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to CRVL. In the last year, CRVL was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CRVL did better than 93% of all other stocks. On top of that, CRVL also shows a nice and consistent pattern of rising prices.
CRVL is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 91% of 105 stocks in the same industry.
CRVL is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so CRVL is still doing slightly better than the market.
In the last month CRVL has a been trading in the 105.60 - 119.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CRVL also presents a decent setup pattern. 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 114.06, a Stop Loss order could be placed below this zone.
More info and screens
97.88
115.20
We found 4 important support areas.
- A support zone ranging from 106.01 to 106.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 102.34 to 103.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @100.71 from a horizontal line in the weekly time frame.
- Support @98.87 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 110.21 to 114.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.75
Mansfield1.93
10 Day High119.57
10 Day Low106.02
20 Day High119.57
20 Day Low105.6
52 Week High128.61
52 Week Low76.53
Performance
1 Week0.17%
2 Weeks3.57%
1 Month7.24%
3 Month5.73%
6 Month10.38%
12 Month47.32%
2 Year70.9%
3 Year122.64%
5 Year555.29%
10 Year866.06%
15 Year1973.7%
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)
Technical Indicators
MACD(12,26,9)0.62
RSI(14)55.83
LBB107.16
UBB119.78
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 114.07 | 110.20 | 3.87 (3.39%) | 25.00% |
| An entry @114.07. This is a Buy Stop order right above the 10 day moving average. | An exit @110.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.87 points, which is 3.39%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CRVL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:CRVL (4/21/2025, 1:35:59 PM)
109.69
-5.4 (-4.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-4.69%
1 Week0.17%
2 Weeks3.57%
1 Month7.24%
3 Month5.73%
6 Month10.38%
12 Month47.32%
2 Year70.9%
3 Year122.64%
5 Year555.29%
10 Year866.06%
15 Year1973.7%
Volatility
ATR(14)4.92
ATR(20)%3.6%
ATR Inc-24.72%
Range Today5.51
ADR(20)4.02
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.75
Mansfield1.93
10 Day High119.57
10 Day Low106.02
20 Day High119.57
20 Day Low105.6
52 Week High128.61
52 Week Low76.53
CS1 End114.06
CR1 StartN/A
Volume & EV
DER(3)0.94%
DER(5)0.41%
Volume37.05K
Volume Incr1.07%
Vol(5)128.10K
Vol(50)111.44K