CLARITEV CORP (CTEV) Stock Technical Analysis
USA - NYSE:CTEV - US62548M2098 - Common Stock
Taking everything into account, CTEV scores 6 out of 10 in our technical rating. Although CTEV is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
CTEV has an average technical rating and it also does not offer a high 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
50.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 61.95 to 61.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 58.04 to 58.10. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @52.75 from a trend line in the daily time frame.
- Support @51.02 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @69.69 from a horizontal line in the weekly time frame.
- Resistance @72.19 from a horizontal 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 CTEV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTEV is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CTEV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CTEV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CTEV is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.66 | NEUTRAL | The RSI value for CTEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests CTEV has a negative trend. |
| Stochastics (14,3) | 49.39 | NEUTRAL | The Stochastics value for CTEV is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for CTEV suggests high volalility. |
| Average Directional Index/ADX (14) | 24.12 | NEUTRAL | The ADX value for CTEV suggests a possible start of a new trend. |
61.96
-3.04 (-4.68%)
CLARITEV CORP / CTEV FAQ
Can you provide the ChartMill technical rating for CLARITEV CORP?
ChartMill assigns a technical rating of 6 / 10 to CTEV.
Can you provide the trend direction for CLARITEV CORP?
The current trend direction for CLARITEV CORP (CTEV) is Bullish.
What is the RSI signal for CTEV stock?
CLARITEV CORP (CTEV) has an RSI value of 49.6596. This indicates that the stock is currently neutral.
What is the MACD signal for CTEV stock?
The MACD indicator for CLARITEV CORP (CTEV) has a value of -0.399716, indicating a bearish trend.
What is the buy/sell signal for CTEV stock?
The buy/sell signal for CLARITEV CORP (CTEV) is buy as both the short term and long term trends are positive.