Taking everything into account, CV scores 3 out of 10 in our technical rating. CV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of CV is bad and it also does not present a 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.
4.47
We found 2 important support areas.
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 CV is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CV is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CV has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CV is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 35.73 | NEUTRAL | The RSI value for CV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.92 | NEGATIVE | The MACD value suggests CV has a negative trend. |
| Stochastics (14,3) | 1.26 | OVERSOLD | The low Stochastics value suggests CV may be oversold. |
| Average True Range in percent/ATR (20) | 32.94 | HIGH VOLATILITY | The high ATR as a percentage value for CV suggests high volalility. |
| Average Directional Index/ADX (14) | 32.32 | POSITIVE | The high ADX value value for CV suggests a strong trend. |
6.1
-0.9 (-12.86%)
ChartMill assigns a technical rating of 3 / 10 to CV.
The current trend direction for CAPSOVISION INC (CV) is Bullish.
CAPSOVISION INC (CV) has an RSI value of 35.7278. This indicates that the stock is currently neutral.
The MACD indicator for CAPSOVISION INC (CV) has a value of -0.923516, indicating a bearish trend.
CAPSOVISION INC (CV) has a support level at 5.75. Check the full technical report for our detailed analysis of CV support and resistance levels.