CVR ENERGY INC (CVI) Stock Technical Analysis
NYSE:CVI - US12662P1084 - Common Stock
29.58 USD
+1.32 (+4.67%)
29.58 USD
0 (0%)
We assign a technical rating of 9 out of 10 to CVI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
CVI is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 85% of 208 stocks in the same industry.
CVI 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 CVI is lagging the market slightly.
In the last month CVI has a been trading in the 24.33 - 29.91 range, which is quite wide. It is currently trading near the high of this range.
CVI has an average volume of 1433510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CVI is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although CVI has an excellent technical rating, it does not offer a high quality setup 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
15.81
32.81
We found 3 important support areas.
- A support zone ranging from 26.77 to 27.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.84 from a trend line in the daily time frame.
- Support @15.97 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @31.66 from a trend line in the weekly time frame.
- A resistance zone ranging from 32.23 to 32.49. 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 CVI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVI is up. |
| ChartMill Relative Strength | 81.28 | POSITIVE | CVI has a high relative strength, it outperformed 81.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.12 | NEUTRAL | The RSI value for CVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests CVI has a positive trend. |
| Stochastics (14,3) | 83.5 | OVERBOUGHT | The high Stochastics value suggests CVI may be overbought. |
| Average True Range in percent/ATR (20) | 4.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CVI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for CVI suggests a weak or negative 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)
29.58
+1.32 (+4.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg4.67%
1 Week2.39%
2 Weeks9.92%
1 Month4.63%
3 Month26.46%
6 Month60.59%
12 Month16.37%
2 Year-9.54%
3 Year-9.43%
5 Year77.23%
10 Year-26.44%
15 Year315.45%
Volatility
ATR(14)1.28
ATR(20)%4.77%
ATR Inc-1.77%
Range Today1.82
ADR(20)1.34
ADR(20)%4.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.28
Mansfield2.24
10 Day High29.91
10 Day Low25.89
20 Day High29.91
20 Day Low24.33
52 Week High32.67
52 Week Low15.1
CS1 End27.18
CR1 Start31.66
Volume & EV
DER(3)13.83%
DER(5)10.36%
Volume2.26M
Volume Incr63.27%
Vol(5)2.63M
Vol(50)1.43M