COREWEAVE INC-CL A (CRWV) Stock Technical Analysis
NASDAQ:CRWV - US21873S1087 - Common Stock
103.04 USD
+0.25 (+0.24%)
101.7 USD
-1.34 (-1.3%)
We assign a technical rating of 1 out of 10 to CRWV. CRWV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, CRWV is a bad performer in the overall market: 100% of all stocks are doing better.
CRWV is one of the lesser performing stocks in the IT Services industry. 90% of 83 stocks in the same industry do better.
In the last month CRWV has a been trading in the 85.26 - 148.80 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
CRWV has an average volume of 19282400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
The technical rating of CRWV is bad and it also does not present a 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
89.88
142.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 93.99 to 95.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.79 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 103.05 to 103.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @136.17 from a trend line in the daily time frame.
- Resistance @140.83 from a trend line in the daily 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 | UP | POSITIVE | The long term trend for CRWV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRWV is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CRWV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRWV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CRWV is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.22 | NEUTRAL | The RSI value for CRWV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests CRWV has a positive trend. |
| Stochastics (14,3) | 24.65 | NEUTRAL | The Stochastics value for CRWV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.7 | HIGH VOLATILITY | The high ATR as a percentage value for CRWV suggests high volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for CRWV suggests a weak or negative 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)
103.04
+0.25 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.24%
1 Week9.63%
2 Weeks3.07%
1 Month-1.06%
3 Month-7.43%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.28
ATR(20)%9.7%
ATR Inc-28.64%
Range Today6.76
ADR(20)8.65
ADR(20)%8.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High105.5
10 Day Low85.26
20 Day High148.8
20 Day Low85.26
52 Week HighN/A
52 Week LowN/A
CS1 End95.25
CR1 Start103.05
Volume & EV
DER(3)1.56%
DER(5)0.43%
Volume24.21M
Volume Incr10.4%
Vol(5)26.62M
Vol(50)19.28M