COMMERCIAL VEHICLE GROUP INC (CVGI) Stock Technical Analysis
NASDAQ:CVGI - Nasdaq - US2026081057 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CVGI. Recently some decent action could be observed, but in the medium term time frame this is still negative. CVGI was also a bad performer in the overall market in the last year.
97% of all other stocks performed better in the past year than CVGI.
CVGI is one of the lesser performing stocks in the Machinery industry. 92% of 128 stocks in the same industry do better.
CVGI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CVGI is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month CVGI has a been trading in the 0.88 - 1.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CVGI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.29, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CVGI 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
0.99
1.47
2 important support areas can be observed.
- A support zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.00 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.35 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.46 to 1.46. 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 | DOWN | NEGATIVE | The long term trend for CVGI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVGI is up. |
| ChartMill Relative Strength | 3.7 | NEGATIVE | CVGI has a low relative strength, it was outperformed by 96.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CVGI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.64 | NEUTRAL | The RSI value for CVGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CVGI has a negative trend. |
| Stochastics (14,3) | 44.66 | NEUTRAL | The Stochastics value for CVGI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.76 | HIGH VOLATILITY | The high ATR as a percentage value for CVGI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for CVGI suggests a possible start of a new trend. |
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)
1.3
-0.02 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.52%
1 Week-1.52%
2 Weeks-9.09%
1 Month38.67%
3 Month-37.5%
6 Month-46.06%
12 Month-75.97%
2 Year-86.75%
3 Year-80.74%
5 Year-48.62%
10 Year-79.5%
15 Year-89.08%
Volatility
ATR(14)0.11
ATR(20)%9.76%
ATR Inc-55.28%
Range Today0.05
ADR(20)0.12
ADR(20)%8.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.7
Mansfield-5.47
10 Day High1.48
10 Day Low1.27
20 Day High1.5
20 Day Low0.88
52 Week High5.69
52 Week Low0.81
CS1 End1.29
CR1 Start1.35
Volume & EV
DER(3)6.87%
DER(5)1.36%
Volume219.40K
Volume Incr-53.72%
Vol(5)218.06K
Vol(50)431.90K