CIVEO CORP (CVEO) Stock Technical Analysis
USA - NYSE:CVEO - CA17878Y2078 - Common Stock
Overall CVEO gets a technical rating of 1 out of 10. CVEO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CVEO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
19.89
2 important support areas can be observed.
- Support @21.37 from a trend line in the daily time frame.
- A support zone ranging from 20.09 to 20.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 22.11 to 22.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.06 to 23.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.23 to 24.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.20 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for CVEO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVEO is down. |
| ChartMill Relative Strength | 26.45 | NEGATIVE | CVEO has a low relative strength, it was outperformed by 73.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CVEO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.69 | NEUTRAL | The RSI value for CVEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CVEO has a negative trend. |
| Stochastics (14,3) | 46.29 | NEUTRAL | The Stochastics value for CVEO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CVEO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for CVEO suggests a possible start of a new trend. |
21.63
-0.47 (-2.13%)
CIVEO CORP / CVEO FAQ
Can you provide the ChartMill technical rating for CIVEO CORP?
ChartMill assigns a technical rating of 1 / 10 to CVEO.
Can you provide the trend direction for CIVEO CORP?
The current trend direction for CIVEO CORP (CVEO) is Bearish.
What is the RSI signal for CIVEO CORP (CVEO) stock?
CIVEO CORP (CVEO) has an RSI value of 44.689. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CIVEO CORP?
The MACD indicator for CIVEO CORP (CVEO) has a value of -0.0556536, indicating a bearish trend.
What are the support and resistance levels for CIVEO CORP (CVEO) stock?
CIVEO CORP (CVEO) has a support level at 21.37 and a resistance level at 22.11. Check the full technical report for our detailed analysis of CVEO support and resistance levels.