CIVEO CORP (CVEO) Stock Technical Analysis
USA • New York Stock Exchange • 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 currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CVEO is lagging the market slightly.
- In the last month CVEO has a been trading in the 23.51 - 26.56 range, which is quite wide. It is currently trading near the high of this range.
- 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 is an average performer in the Commercial Services & Supplies industry, it outperforms 68% of 80 stocks in the same industry.
Although CVEO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
20.35
4 important support areas can be observed.
- A support zone ranging from 25.34 to 25.45. 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 24.04 to 24.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.87 from a horizontal line in the daily time frame.
- Support @20.56 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 | 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 | 74.12 | POSITIVE | CVEO has a high relative strength, it outperformed 74.12% 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) | 76.34 | 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. |
| Stochastics (14,3) | 86.47 | OVERBOUGHT | The high Stochastics value suggests CVEO may be overbought. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for CVEO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.98 | POSITIVE | The high ADX value value for CVEO suggests a strong trend. |
NYSE:CVEO (2/5/2026, 1:04:43 PM)
26.73
+0.51 (+1.95%)
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 76.3442. 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 0.0579075, indicating a bearish trend.
What is the support and resistance level for CVEO stock?
CIVEO CORP (CVEO) has a support level at 25.45. Check the full technical report for our detailed analysis of CVEO support and resistance levels.