INNOVID CORP (CTV) Technical Analysis
NYSE:CTV • US4576791085
Current stock price
CTV Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CTV. Both in the recent history as in the last year, CTV has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CTV is one of the better performing stocks in the market, outperforming 97% of all stocks.
- CTV is one of the better performing stocks in the Media industry, it outperforms 97% of 91 stocks in the same industry.
- CTV is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CTV is performing more or less in line with the market.
- CTV has an average volume of 1863630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CTV has a been trading in a tight range between 3.03 and 3.15.
- Considerably lower volume is observed in the last couple of days.
CTV Weekly and Daily overview Charts
CTV Setup Rating and Analysis
Besides having an excellent technical rating, CTV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
CTV Support and Resistance Analysis
1.60
5 important support areas can be observed.
- A support zone ranging from 3.08 to 3.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.01 to 3.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.83 from a trend line in the weekly time frame.
- Support @1.77 from a trend line in the weekly time frame.
- Support @1.62 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.17 to 3.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
CTV Technical Indicator Signal Analysis
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 CTV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CTV is up. |
| ChartMill Relative Strength | 97.42 | POSITIVE | CTV has a high relative strength, it outperformed 97.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.96 | NEUTRAL | The RSI value for CTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CTV has a negative trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests CTV may be overbought. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for CTV suggests low volalility. |
| Average Directional Index/ADX (14) | 52 | POSITIVE | The high ADX value value for CTV suggests a strong trend. |
CTV Chart- and CandleStick Pattern Analysis
CTV Technicals: Chart, Performance Metrics, Trend & Indicators
3.14
0 (0%)
INNOVID CORP / CTV TA FAQ
What is the technical rating for CTV stock?
ChartMill assigns a technical rating of 10 / 10 to CTV.
Can you provide the trend direction for INNOVID CORP?
The current trend direction for INNOVID CORP (CTV) is Bullish.
What is the RSI signal for CTV stock?
INNOVID CORP (CTV) has an RSI value of 66.9636. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for INNOVID CORP?
The buy/sell signal for INNOVID CORP (CTV) is buy as both the short term and long term trends are positive.
What is the support and resistance level for CTV stock?
INNOVID CORP (CTV) has a support level at 3.13 and a resistance level at 3.17. Check the full technical report for our detailed analysis of CTV support and resistance levels.