CIVEO CORP (CVEO) Stock Technical Analysis
NYSE:CVEO • CA17878Y2078
We assign a technical rating of 8 out of 10 to CVEO. Although CVEO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- CVEO is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 75% of 80 stocks in the same industry.
- CVEO 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.
- CVEO 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.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that CVEO is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CVEO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 28.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CVEO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.42
We found 4 important support areas.
- A support zone ranging from 28.44 to 28.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.69 to 26.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.94 to 24.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @20.63 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.71 to 28.99. 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 CVEO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVEO is up. |
| ChartMill Relative Strength | 74.28 | POSITIVE | CVEO has a high relative strength, it outperformed 74.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.66 | OVERBOUGHT | The high RSI value suggests CVEO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CVEO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.23 | OVERBOUGHT | The high Stochastics value suggests CVEO may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for CVEO suggests some volalility. |
| Average Directional Index/ADX (14) | 45.04 | POSITIVE | The high ADX value value for CVEO suggests a strong trend. |
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 |
|---|---|---|---|
| 29.00 | 28.43 | 0.57 (1.97%) | 25.00% |
| An entry @29.00. This is a Buy Stop order right above the resistance zone. | An exit @28.43. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 1.97%. | For a 0.49% 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.
NYSE:CVEO (2/20/2026, 8:26:11 PM)
28.46
-0.03 (-0.11%)
CIVEO CORP / CVEO FAQ
Can you provide the ChartMill technical rating for CIVEO CORP?
ChartMill assigns a technical rating of 8 / 10 to CVEO.
What is the current trend direction of CIVEO CORP (CVEO) stock?
The current trend direction for CIVEO CORP (CVEO) is Bullish.
What is the RSI signal for CIVEO CORP (CVEO) stock?
CIVEO CORP (CVEO) has an RSI value of 74.6589. This indicates that the stock is currently overbought.
Can you provide the MACD signal for CIVEO CORP?
The MACD indicator for CIVEO CORP (CVEO) has a value of 0.0618484, indicating a bearish trend.
What is the support and resistance level for CVEO stock?
CIVEO CORP (CVEO) has a support level at 28.45 and a resistance level at 28.71. Check the full technical report for our detailed analysis of CVEO support and resistance levels.