CLARITEV CORP (CTEV) Stock Technical Analysis
NYSE:CTEV - New York Stock Exchange, Inc. - US62548M2098 - Common Stock - Currency: USD
Taking everything into account, CTEV scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CTEV is a bad performer.
When comparing the yearly performance of all stocks, CTEV is a bad performer in the overall market: 100% of all stocks are doing better.
CTEV is one of the lesser performing stocks in the Health Care Technology industry. 94% of 35 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month CTEV has a been trading in the 36.29 - 72.66 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CTEV has an excellent technical rating, it 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
41.40
72.91
When analyzing the support we notice one important area.
- Support @41.82 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 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 | POSITIVE | The current price of CTEV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTEV is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 80.72 | OVERBOUGHT | The high RSI value suggests CTEV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.84 | POSITIVE | The MACD value suggests CTEV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.15 | OVERBOUGHT | The high Stochastics value suggests CTEV may be overbought. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for CTEV suggests some volalility. |
| Average Directional Index/ADX (14) | 46.85 | POSITIVE | The high ADX value value for CTEV suggests a strong 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)
72.19
+0.58 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0.81%
1 Week17.17%
2 Weeks83.64%
1 Month68.31%
3 Month171.8%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.96
ATR(20)%4.92%
ATR Inc-31.94%
Range Today1.28
ADR(20)3.45
ADR(20)%4.78%
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 High72.66
10 Day Low38.84
20 Day High72.66
20 Day Low36.29
52 Week HighN/A
52 Week LowN/A
CS1 End41.82
CR1 StartN/A
Volume & EV
DER(3)-3.69%
DER(5)-0.5%
Volume123.63K
Volume Incr29.76%
Vol(5)157.84K
Vol(50)142.31K