CLARITEV CORP (CTEV) Stock Technical Analysis
NYSE:CTEV - New York Stock Exchange, Inc. - US62548M2098 - Common Stock - Currency: USD
Overall CTEV gets a technical rating of 6 out of 10. CTEV has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than CTEV.
CTEV is one of the lesser performing stocks in the Health Care Technology industry. 88% of 36 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
CTEV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CTEV has an average technical rating and the quality of the presented setup is also not ideal 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
22.26
37.48
We found 2 important support areas.
- A support zone ranging from 37.10 to 37.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.48 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) | 64.88 | NEUTRAL | The RSI value for CTEV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CTEV has a negative trend. |
| Stochastics (14,3) | 81.07 | OVERBOUGHT | The high Stochastics value suggests CTEV may be overbought. |
| Average True Range in percent/ATR (20) | 7.3 | HIGH VOLATILITY | The high ATR as a percentage value for CTEV suggests high volalility. |
| Average Directional Index/ADX (14) | 50.76 | 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)
37.11
-0.64 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-1.7%
1 Week-6.19%
2 Weeks-3.49%
1 Month35.69%
3 Month85.09%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.09
ATR(20)%7.3%
ATR Inc-43.85%
Range Today1.7
ADR(20)2.62
ADR(20)%7.07%
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 High40.91
10 Day Low36.12
20 Day High40.91
20 Day Low25.8
52 Week HighN/A
52 Week LowN/A
CS1 End37.1
CR1 StartN/A
Volume & EV
DER(3)-4.49%
DER(5)-3.42%
Volume47.60K
Volume Incr-54.48%
Vol(5)50.32K
Vol(50)81.77K