CORVEL CORP (CRVL)
US2210061097 - Common Stock
We assign a technical rating of 2 out of 10 to CRVL. CRVL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
CRVL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CRVL is part of the Health Care Providers & Services industry. There are 117 other stocks in this industry. CRVL outperforms 74% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that CRVL is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CRVL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRVL is lagging the market slightly.
Although the technical rating is bad, CRVL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 231.67, a Stop Loss order could be placed below this zone.
More info and screens
188.70
265.60
When analyzing the support we can see 4 important areas.
- A support zone ranging from 226.91 to 231.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @220.10 from a trend line in the weekly time frame.
- Support @201.84 from a trend line in the weekly time frame.
- Support @190.61 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 239.49 to 244.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 260.89 to 262.97. This zone is formed by a combination of multiple trend lines 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
CRS73.26
Mansfield-0.13
10 Day High242.09
10 Day Low228.59
20 Day High262.02
20 Day Low228.59
52 Week High265.14
52 Week Low187.92
Performance
1 Week1.83%
2 Weeks0.87%
1 Month-9.25%
3 Month5.16%
6 Month25.38%
12 Month18.12%
2 Year53.88%
3 Year103.95%
5 Year232.37%
10 Year424.02%
15 Year2021.24%
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)0.24
RSI(14)47.42
LBB230.29
UBB242.39
CORVEL CORP
NASDAQ:CRVL (4/26/2024, 7:00:00 PM)
After market: 238.64 0 (0%)238.64
+0.52 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.22%
1 Week1.83%
2 Weeks0.87%
1 Month-9.25%
3 Month5.16%
6 Month25.38%
12 Month18.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.37
ATR(20)%2.54%
ATR Inc
Range Today3.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High242.09
10 Day Low228.59
20 Day High262.02
20 Day Low228.59
52 Week High265.14
52 Week Low187.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.60K
Volume Incr-29.95%
Vol(5)23.44K
Vol(50)35.14K