INNOVID CORP (CTV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CTV - US4576791085 - Common Stock
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.
Besides having an excellent technical rating, CTV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
1.60
We found 5 important support areas.
- 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.
When analyzing the resistance we notice one important 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.
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. |
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INNOVID CORP / CTV FAQ
What is the technical rating for CTV stock?
ChartMill assigns a technical rating of 10 / 10 to CTV.
What is the trend direction for CTV stock?
The current trend direction for INNOVID CORP (CTV) is Bullish.
Can you provide the RSI signal for INNOVID CORP?
INNOVID CORP (CTV) has an RSI value of 66.9636. This indicates that the stock is currently neutral.
What is the MACD signal for CTV stock?
The MACD indicator for INNOVID CORP (CTV) has a value of -0.00594248, indicating a bearish trend.
Can you provide the support and resistance levels for INNOVID CORP?
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.