INNOVID CORP (CTV) Stock Technical Analysis
NYSE:CTV - New York Stock Exchange, Inc. - US4576791085 - Common Stock - Currency: USD
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CTV did better than 97% of all other stocks.
CTV is part of the Media industry. There are 97 other stocks in this industry. CTV outperforms 95% of them.
CTV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CTV is lagging the market slightly.
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 has an excellent technical rating and 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
3.21
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. |
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)
3.14
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0%
1 Week-0.32%
2 Weeks0.64%
1 Month3.63%
3 Month88.02%
6 Month73.48%
12 Month107.95%
2 Year85.8%
3 Year-17.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.64%
ATR Inc-47.15%
Range Today0.01
ADR(20)0.02
ADR(20)%0.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.42
Mansfield2.95
10 Day High3.15
10 Day Low3.1
20 Day High3.15
20 Day Low3.03
52 Week High3.4
52 Week Low1.47
CS1 End3.13
CR1 Start3.17
Volume & EV
DER(3)1.51%
DER(5)0.9%
Volume1.82M
Volume Incr-46.26%
Vol(5)1.01M
Vol(50)1.86M