CUREVAC NV (CVAC) Stock Technical Analysis
NASDAQ:CVAC - Nasdaq - NL0015436031 - Common Stock - Currency: USD
Overall CVAC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CVAC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
CVAC is part of the Biotechnology industry. There are 553 other stocks in this industry. CVAC outperforms 88% of them.
CVAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CVAC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CVAC has an average volume of 1396000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CVAC did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month CVAC has a been trading in a tight range between 5.33 and 5.51.
CVAC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.43, a Stop Loss order could be placed below this zone.
More info and screens
2.51
5.67
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.36 to 5.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.18 from a trend line in the daily time frame.
- A support zone ranging from 4.79 to 4.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.54 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.53 to 5.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CVAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVAC is up. |
| ChartMill Relative Strength | 93.24 | POSITIVE | CVAC has a high relative strength, it outperformed 93.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.24 | NEUTRAL | The RSI value for CVAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CVAC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.51 | NEUTRAL | The Stochastics value for CVAC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for CVAC suggests low volalility. |
| Average Directional Index/ADX (14) | 41.9 | POSITIVE | The high ADX value value for CVAC suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 5.50 | 5.37 | 0.13 (2.36%) | 25.00% |
| An entry @5.50. This is a Buy Stop order right above the 10 day high. | An exit @5.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 2.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- 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.
5.46
+0.02 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.37%
1 Week1.3%
2 Weeks0%
1 Month1.11%
3 Month69.04%
6 Month41.82%
12 Month46.77%
2 Year-41.16%
3 Year-58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%1.22%
ATR Inc-49.99%
Range Today0.03
ADR(20)0.06
ADR(20)%1.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.24
Mansfield4.03
10 Day High5.49
10 Day Low5.38
20 Day High5.51
20 Day Low5.33
52 Week High5.72
52 Week Low2.37
CS1 End5.43
CR1 Start5.53
Volume & EV
DER(3)2.89%
DER(5)2.83%
Volume560.60K
Volume Incr-30.95%
Vol(5)676.46K
Vol(50)1.40M