CORTEVA INC (CTVA) Technical Analysis
NYSE:CTVA • US22052L1044
Current stock price
79.35 USD
-1 (-1.24%)
At close:
79.35 USD
0 (0%)
After Hours:
CTVA Technical Rating and Analysis
Taking everything into account, CTVA scores 7 out of 10 in our technical rating. In the last year, CTVA was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month CTVA has a been trading in the 78.70 - 85.63 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that CTVA is one of the better performing stocks in the market, outperforming 75% of all stocks.
- CTVA 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 CTVA is lagging the market slightly.
- CTVA has an average volume of 4077480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CTVA is an average performer in the Chemicals industry, it outperforms 67% of 82 stocks in the same industry.
CTVA Weekly and Daily overview Charts
CTVA Setup Rating and Analysis
Although CTVA has an excellent technical rating, the quality of the presented setup is 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
CTVA Support and Resistance Analysis
61.21
86.31
We found 3 important support areas.
- A support zone ranging from 78.36 to 79.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.81 from a trend line in the weekly time frame.
- Support @61.83 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 85.46 to 85.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
CTVA 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 CTVA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CTVA is neutral. |
| ChartMill Relative Strength | 75.32 | POSITIVE | CTVA has a high relative strength, it outperformed 75.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CTVA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CTVA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CTVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.31 | NEUTRAL | The RSI value for CTVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests CTVA has a negative trend. |
| Stochastics (14,3) | 17.11 | OVERSOLD | The low Stochastics value suggests CTVA may be oversold. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CTVA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.86 | NEUTRAL | The ADX value for CTVA suggests a possible start of a new trend. |
CTVA Chart- and CandleStick Pattern Analysis
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)
CTVA Technicals: Chart, Performance Metrics, Trend & Indicators
79.35
-1 (-1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.24%
1 Week-2.42%
2 Weeks-5.49%
1 Month-1.53%
3 Month10.67%
6 Month24.65%
12 Month29.09%
2 Year46.59%
3 Year29.83%
5 Year62.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.9
ATR(20)%2.24%
ATR Inc4.14%
Range Today2.32
ADR(20)1.67
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.32
3 months CRS85.32
6 months CRS87.19
Mansfield0.17
10 Day High85.07
10 Day Low78.7
20 Day High85.63
20 Day Low78.7
52 Week High85.63
52 Week Low60.54
CS1 End79.34
CR1 Start85.46
Volume & EV
DER(3)0.13%
DER(5)-0.94%
Volume2.62M
Volume Incr-24.19%
Vol(5)3.26M
Vol(50)4.08M
CORTEVA INC / CTVA TA FAQ
What is the ChartMill technical rating of CORTEVA INC (CTVA) stock?
ChartMill assigns a technical rating of 7 / 10 to CTVA.
What is the trend direction for CTVA stock?
The current trend direction for CORTEVA INC (CTVA) is Bullish.
What is the RSI signal for CTVA stock?
CORTEVA INC (CTVA) has an RSI value of 41.3098. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CORTEVA INC?
The MACD indicator for CORTEVA INC (CTVA) has a value of -0.709233, indicating a bearish trend.