Taking everything into account, CVAC scores 1 out of 10 in our technical rating. CVAC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of CVAC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.51
We found 3 important support areas.
- Support @2.79 from a trend line in the weekly time frame.
- Support @2.68 from a trend line in the weekly time frame.
- Support @2.54 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.79 to 4.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong resistance @5.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.45 to 5.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.57 to 5.60. 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 | NEUTRAL | NEUTRAL | The long term trend for CVAC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVAC is down. |
| ChartMill Relative Strength | 74.01 | POSITIVE | CVAC has a high relative strength, it outperformed 74.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CVAC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 23.01 | OVERSOLD | The low RSI value suggests CVAC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CVAC has a negative trend. |
| Stochastics (14,3) | 7.59 | OVERSOLD | The low Stochastics value suggests CVAC may be oversold. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CVAC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.57 | POSITIVE | The high ADX value value for CVAC suggests a strong trend. |
4.16
-0.12 (-2.8%)
CUREVAC NV / CVAC FAQ
Can you provide the ChartMill technical rating for CUREVAC NV?
ChartMill assigns a technical rating of 1 / 10 to CVAC.
What is the current trend direction of CUREVAC NV (CVAC) stock?
The current trend direction for CUREVAC NV (CVAC) is Bearish.
Can you provide the RSI signal for CUREVAC NV?
CUREVAC NV (CVAC) has an RSI value of 23.0148. This indicates that the stock is currently oversold.
What is the MACD signal for CUREVAC NV (CVAC) stock?
The MACD indicator for CUREVAC NV (CVAC) has a value of -0.108195, indicating a bearish trend.
What is the support and resistance level for CVAC stock?
CUREVAC NV (CVAC) has a support level at 2.79 and a resistance level at 4.79. Check the full technical report for our detailed analysis of CVAC support and resistance levels.