CIVEO CORP (CVEO)
CA17878Y2078 - Common Stock
We assign a technical rating of 9 out of 10 to CVEO. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CVEO has a been trading in the 24.29 - 28.00 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CVEO is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, CVEO also shows a nice and consistent pattern of rising prices.
CVEO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CVEO is performing more or less in line with the market.
CVEO is an average performer in the Commercial Services & Supplies industry, it outperforms 60% of 84 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
CVEO 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
21.31
27.31
4 important support areas can be observed.
- A support zone ranging from 24.76 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.75 from a trend line in the daily time frame.
- Support @22.96 from a trend line in the daily time frame.
- A support zone ranging from 21.53 to 21.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.24 to 27.04. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS83.07
Mansfield0.49
10 Day High26.38
10 Day Low24.29
20 Day High28.01
20 Day Low24.29
52 Week High28.01
52 Week Low17.98
Performance
1 Week-2.53%
2 Weeks-2.27%
1 Month-6.89%
3 Month9.65%
6 Month29.6%
12 Month29.87%
2 Year-3.85%
3 Year51.33%
5 Year3.65%
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)-0.18
RSI(14)42.08
LBB24.6
UBB27.05
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 |
|---|---|---|---|
| 25.57 | 24.75 | 0.82 (3.20%) | 25.00% |
| An entry @25.57. This is a Buy Stop order right above the 10 day moving average. | An exit @24.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.82 points, which is 3.20%. | For a 0.80% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CVEO. Please evaluate whether better entry and exit points can be found.
- 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.
CIVEO CORP
NYSE:CVEO (4/26/2024, 6:00:00 PM)
25
-0.83 (-3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-3.21%
1 Week-2.53%
2 Weeks-2.27%
1 Month-6.89%
3 Month9.65%
6 Month29.6%
12 Month29.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%3.24%
ATR Inc
Range Today2.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.38
10 Day Low24.29
20 Day High28.01
20 Day Low24.29
52 Week High28.01
52 Week Low17.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume62.78K
Volume Incr-23.89%
Vol(5)41.65K
Vol(50)71.77K