Covetrus Inc (CVET)
US22304C1009 - Common Stock
Overall CVET gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVET is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CVET is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 84% of 117 stocks in the same industry.
CVET is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CVET is leading the market.
CVET has an average volume of 1292610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CVET did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CVET has a been trading in a tight range between 20.79 and 21.00.
Volume is considerably higher in the last couple of days.
CVET 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
20.30
21.21
We found 1 important support area.
- A support zone ranging from 20.50 to 20.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.00 to 21.00. This zone is formed by a combination of multiple trend lines 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
CRS88.09
Mansfield3.12
10 Day High21
10 Day Low20.84
20 Day High21
20 Day Low20.79
52 Week High21.2
52 Week Low13.39
Performance
1 Week0.43%
2 Weeks0.57%
1 Month0.53%
3 Month0.91%
6 Month39.93%
12 Month5.58%
2 YearN/A
3 YearN/A
5 YearN/A
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)0.01
RSI(14)68.76
LBB20.83
UBB20.97
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 |
|---|---|---|---|
| 21.01 | 20.83 | 0.18 (0.84%) | 25.00% |
| An entry @21.01. This is a Buy Stop order right above the resistance zone. | An exit @20.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 0.84%. | For a 0.21% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
Covetrus Inc
NASDAQ:CVET (10/12/2022, 7:10:14 PM)
After market: 20.99 0 (0%)20.99
+0.06 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.29%
1 Week0.43%
2 Weeks0.57%
1 Month0.53%
3 Month0.91%
6 Month39.93%
12 Month5.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%0.25%
ATR Inc
Range Today0.07
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 High21
10 Day Low20.84
20 Day High21
20 Day Low20.79
52 Week High21.2
52 Week Low13.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.30M
Volume Incr54.86%
Vol(5)2.41M
Vol(50)1.29M