CORTEVA INC (CTVA)

US22052L1044 - Common Stock

54.92  +0.22 (+0.4%)

After market: 54.92 0 (0%)

Technical Rating and Analysis

5

Overall CTVA gets a technical rating of 5 out of 10. CTVA has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
CTVA has an average volume of 3128870 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 57% of them, which is more or less in line with the market.
CTVA is an average performer in the Chemicals industry, it outperforms 59% of 85 stocks in the same industry.
CTVA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CTVA is lagging the market slightly.
In the last month CTVA has a been trading in the 53.19 - 58.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CTVA Weekly chart
CTVA Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, CTVA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.54, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

43.11

58.27

4 important support areas can be observed.

  • A support zone ranging from 53.31 to 54.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @48.47 from a trend line in the weekly time frame.
  • Support @45.97 from a trend line in the daily time frame.
  • Support @43.55 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 56.70 to 57.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.03
Mansfield-0.52
10 Day High55.57
10 Day Low53.19
20 Day High58.16
20 Day Low53.19
52 Week High61.87
52 Week Low43.22
Performance
1 Week0.22%
2 Weeks2.16%
1 Month-4.77%
3 Month19.76%
6 Month14.85%
12 Month-10.14%
2 Year-4.8%
3 Year12.63%
5 YearN/A
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)-0.13
RSI(14)48.19
LBB52.38
UBB57.47
CTVA Daily chart

CORTEVA INC

NYSE:CTVA (4/26/2024, 7:04:00 PM)

After market: 54.92 0 (0%)

54.92

+0.22 (+0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.4%
1 Week0.22%
2 Weeks2.16%
1 Month-4.77%
3 Month19.76%
6 Month14.85%
12 Month-10.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.1
ATR(20)%1.85%
ATR Inc
Range Today0.84
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High55.57
10 Day Low53.19
20 Day High58.16
20 Day Low53.19
52 Week High61.87
52 Week Low43.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.35M
Volume Incr-22.32%
Vol(5)2.13M
Vol(50)3.13M