Covanta Holding Corporation (CVA) Stock Technical Analysis
NYSE:CVA - New York Stock Exchange, Inc. - Common Stock
We assign a technical rating of 9 out of 10 to CVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVA is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CVA did better than 85% of all other stocks.
CVA is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. CVA outperforms 74% of them.
A new 52 week high is currently being made by CVA, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so CVA is leading the market.
CVA has an average volume of 1065690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CVA has a been trading in a tight range between 20.13 and 20.26.
Volume is considerably higher in the last couple of days.
CVA has an excellent technical rating, but the quality of the setup is only medium 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
19.62
20.47
When analyzing the support we notice one important area.
- A support zone ranging from 19.82 to 20.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.27 to 20.27. 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
CRS85.6
Mansfield0.87
10 Day High20.26
10 Day Low20.22
20 Day High20.26
20 Day Low20.13
52 Week High20.26
52 Week Low12.48
Performance
1 Week0.15%
2 Weeks0.15%
1 Month0.4%
3 Month0.95%
6 Month35.97%
12 Month53.25%
2 YearN/A
3 YearN/A
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
RSI(14)63.17
LBB20.22
UBB20.26
20.26
+0.02 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.1%
1 Week0.15%
2 Weeks0.15%
1 Month0.4%
3 Month0.95%
6 Month35.97%
12 Month53.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.12%
ATR Inc32.07%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.6
Mansfield0.87
10 Day High20.26
10 Day Low20.22
20 Day High20.26
20 Day Low20.13
52 Week High20.26
52 Week Low12.48
CS1 End20.24
CR1 Start20.27
Volume & EV
DER(3)-1.33%
DER(5)-1.79%
Volume6.69M
Volume Incr171.64%
Vol(5)2.45M
Vol(50)1.07M