TORRID HOLDINGS INC (CURV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CURV - US89142B1070 - Common Stock
We assign a technical rating of 3 out of 10 to CURV. Recently some decent action could be observed, but in the medium term time frame this is still negative. CURV was also a bad performer in the overall market in the last year.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CURV is a bad performer in the overall market: 93% of all stocks are doing better.
- CURV is one of the lesser performing stocks in the Specialty Retail industry. 85% of 122 stocks in the same industry do better.
- CURV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CURV has a been trading in the 0.96 - 1.35 range, which is quite wide. It is currently trading near the high of this range.
CURV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.27. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CURV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.96
We found 2 important support areas.
- Support @1.19 from a horizontal line in the daily time frame.
- Support @0.97 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.27 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.33 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for CURV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CURV is neutral. |
| ChartMill Relative Strength | 7.05 | NEGATIVE | CURV has a low relative strength, it was outperformed by 92.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CURV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CURV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CURV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.85 | NEUTRAL | The RSI value for CURV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CURV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.56 | NEUTRAL | The Stochastics value for CURV is a neutral value. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for CURV suggests high volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for CURV suggests a possible start of a new trend. |
1.27
+0.03 (+2.42%)
TORRID HOLDINGS INC / CURV FAQ
What is the technical rating for CURV stock?
ChartMill assigns a technical rating of 3 / 10 to CURV.
What is the trend direction for CURV stock?
The current trend direction for TORRID HOLDINGS INC (CURV) is Bearish.
Can you provide the RSI signal for TORRID HOLDINGS INC?
TORRID HOLDINGS INC (CURV) has an RSI value of 58.8501. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TORRID HOLDINGS INC?
The short term momentum for TORRID HOLDINGS INC (CURV) is neutral.
What are the support and resistance levels for TORRID HOLDINGS INC (CURV) stock?
TORRID HOLDINGS INC (CURV) has a support level at 1.19 and a resistance level at 1.27. Check the full technical report for our detailed analysis of CURV support and resistance levels.