CORTEVA INC (CTVA) Stock Technical Analysis
NYSE:CTVA - New York Stock Exchange, Inc. - US22052L1044 - Common Stock - Currency: USD
Overall CTVA gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CTVA is only an average performer.
The long and short term trends are both positive. This is looking good!
CTVA is one of the better performing stocks in the Chemicals industry, it outperforms 79% of 85 stocks in the same industry.
CTVA is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so CTVA slightly outperforms the market at the moment.
In the last month CTVA has a been trading in the 53.40 - 63.00 range, which is quite wide. It is currently trading near the high of this range.
CTVA has an average volume of 3577610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CTVA outperforms 69% of them, which is more or less in line with the market.
CTVA has an average technical rating and the quality of the presented setup is also 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
54.56
66.81
We found 3 important support areas.
- A support zone ranging from 59.78 to 61.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @58.60 from a horizontal line in the daily time frame.
- A support zone ranging from 55.11 to 56.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 64.46 to 66.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.37
Mansfield0.79
10 Day High63
10 Day Low58.58
20 Day High63
20 Day Low53.4
52 Week High66.24
52 Week Low50.01
Performance
1 Week1.89%
2 Weeks4.84%
1 Month2.17%
3 Month-4.04%
6 Month2.91%
12 Month9.57%
2 Year17.09%
3 Year0.02%
5 Year129.33%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.36
RSI(14)59.48
LBB58.72
UBB63.13
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 63.01 | 58.57 | 4.44 (7.05%) | 14.19% |
| An entry @63.01. This is a Buy Stop order right above the 10 day high. | An exit @58.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.44 points, which is 7.05%. | When investing 14.19% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
62.63
+0.61 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.98%
1 Week1.89%
2 Weeks4.84%
1 Month2.17%
3 Month-4.04%
6 Month2.91%
12 Month9.57%
2 Year17.09%
3 Year0.02%
5 Year129.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%3.37%
ATR Inc-16.5%
Range Today1.2
ADR(20)2.01
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.37
Mansfield0.79
10 Day High63
10 Day Low58.58
20 Day High63
20 Day Low53.4
52 Week High66.24
52 Week Low50.01
CS1 End61.4
CR1 Start64.46
Volume & EV
DER(3)0.44%
DER(5)-0.46%
Volume3.18M
Volume Incr-6.4%
Vol(5)3.55M
Vol(50)3.58M