Canada - Toronto Stock Exchange - TSX:CVG - CA17965L1004 - Common Stock
We assign a technical rating of 7 out of 10 to CVG. Although CVG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, CVG 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 support zone below the current price at 72.39, a Stop Loss order could be placed below this zone.
67.07
When analyzing the support we can see 3 important areas.
3 important resistance areas can be observed.
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 CVG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVG.CA is up. |
| ChartMill Relative Strength | 40.46 | NEUTRAL | CVG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.04 | NEUTRAL | The RSI value for CVG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CVG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.61 | NEUTRAL | The Stochastics value for CVG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for CVG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.02 | POSITIVE | The high ADX value value for CVG.CA 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 |
|---|---|---|---|
| 73.01 | 71.46 | 1.55 (2.12%) | 25.00% |
| An entry @73.01. This is a Buy Stop order right above the resistance zone. | An exit @71.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.55 points, which is 2.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
TSX:CVG (1/20/2026, 7:00:00 PM)
72.69
-0.01 (-0.01%)
ChartMill assigns a technical rating of 7 / 10 to CVG.CA.
The current trend direction for CLAIRVEST GROUP INC (CVG.CA) is Bullish.
CLAIRVEST GROUP INC (CVG.CA) has an RSI value of 56.0393. This indicates that the stock is currently neutral.
The buy/sell signal for CLAIRVEST GROUP INC (CVG.CA) is buy as both the short term and long term trends are positive.
CLAIRVEST GROUP INC (CVG.CA) has a support level at 72.39 and a resistance level at 72.7. Check the full technical report for our detailed analysis of CVG.CA support and resistance levels.