CORTEVA INC (CTVA) Technical Analysis
NYSE:CTVA • US22052L1044
Current stock price
CTVA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CTVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CTVA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CTVA is one of the better performing stocks in the market, outperforming 86% of all stocks.
- CTVA is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CTVA is leading the market.
- In the last month CTVA has a been trading in the 74.86 - 85.56 range, which is quite wide. It is currently trading near the high of this range.
- CTVA has an average volume of 4329020 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 68% of 83 stocks in the same industry.
CTVA Weekly and Daily overview Charts
CTVA Setup Rating and Analysis
Although CTVA has an excellent technical rating, it does not offer a high quality setup 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
60.89
4 important support areas can be observed.
- A support zone ranging from 79.74 to 80.20. 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 76.31 to 77.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.21 from a trend line in the weekly time frame.
- Support @61.50 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for CTVA is up. |
| ChartMill Relative Strength | 86.55 | POSITIVE | CTVA has a high relative strength, it outperformed 86.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CTVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CTVA is above 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) | 71.33 | OVERBOUGHT | The high RSI value suggests CTVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests CTVA has a positive trend. |
| Stochastics (14,3) | 96.82 | OVERBOUGHT | The high Stochastics value suggests CTVA may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CTVA suggests some volalility. |
| Average Directional Index/ADX (14) | 30 | POSITIVE | The high ADX value value for CTVA suggests a strong trend. |
CTVA Chart- and CandleStick Pattern Analysis
CTVA Technicals: Chart, Performance Metrics, Trend & Indicators
85.46
+1.65 (+1.97%)
CORTEVA INC / CTVA TA FAQ
What is the ChartMill technical rating of CORTEVA INC (CTVA) stock?
ChartMill assigns a technical rating of 10 / 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 71.3273. This indicates that the stock is currently overbought.
Can you provide the MACD signal for CORTEVA INC?
The MACD indicator for CORTEVA INC (CTVA) has a value of 0.41183, indicating a bearish trend.
What is the buy/sell signal for CTVA stock?
The buy/sell signal for CORTEVA INC (CTVA) is buy as both the short term and long term trends are positive.