CORVEL CORP (CRVL) Stock Technical Analysis
NASDAQ:CRVL - Nasdaq - US2210061097 - Common Stock - Currency: USD
Overall CRVL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CRVL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CRVL is one of the better performing stocks in the market, outperforming 84% of all stocks.
CRVL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRVL is performing more or less in line with the market.
In the last month CRVL has a been trading in the 106.71 - 117.10 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
CRVL is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, CRVL did better than 66% of them.
CRVL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 113.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 113.57, a Stop Loss order could be placed below this zone.
More info and screens
99.70
120.66
We found 4 important support areas.
- A support zone ranging from 109.78 to 113.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 105.70 to 106.91. 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 113.76 to 113.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @119.47 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.4
Mansfield0.29
10 Day High116
10 Day Low108.36
20 Day High117.1
20 Day Low106.71
52 Week High128.61
52 Week Low76.53
Performance
1 Week-0.57%
2 Weeks2.1%
1 Month0.71%
3 Month4.73%
6 Month-7.94%
12 Month23.29%
2 Year74.48%
3 Year128.62%
5 Year402.3%
10 Year849.89%
15 Year1822.81%
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)0.23
RSI(14)54.13
LBB108.7
UBB115.49
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 |
|---|---|---|---|
| 113.78 | 109.77 | 4.01 (3.52%) | 25.00% |
| An entry @113.78. This is a Buy Stop order right above the resistance zone. | An exit @109.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.01 points, which is 3.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- 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.
113.67
-0.64 (-0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.56%
1 Week-0.57%
2 Weeks2.1%
1 Month0.71%
3 Month4.73%
6 Month-7.94%
12 Month23.29%
2 Year74.48%
3 Year128.62%
5 Year402.3%
10 Year849.89%
15 Year1822.81%
Volatility
ATR(14)2.8
ATR(20)%2.62%
ATR Inc-46.24%
Range Today1.42
ADR(20)2.86
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.4
Mansfield0.29
10 Day High116
10 Day Low108.36
20 Day High117.1
20 Day Low106.71
52 Week High128.61
52 Week Low76.53
CS1 End113.57
CR1 Start113.76
Volume & EV
DER(3)-0.09%
DER(5)-0.11%
Volume65.40K
Volume Incr-20.62%
Vol(5)132.42K
Vol(50)140.47K