CVR ENERGY INC (CVI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CVI - US12662P1084 - Common Stock
Taking everything into account, CVI scores 1 out of 10 in our technical rating. CVI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of CVI is bad and it also does not present a 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
When analyzing the support we notice one important area.
- Support @15.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.48 to 30.95. This zone is formed by a combination of multiple trend lines and important moving averages 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 CVI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVI is down. |
| ChartMill Relative Strength | 49.84 | NEUTRAL | CVI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CVI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 13.85 | OVERSOLD | The low RSI value suggests CVI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.69 | OVERSOLD | The low Stochastics value suggests CVI may be oversold. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for CVI suggests some volalility. |
| Average Directional Index/ADX (14) | 52.48 | POSITIVE | The high ADX value value for CVI suggests a strong trend. |
25.19
-0.25 (-0.98%)
CVR ENERGY INC / CVI FAQ
Can you provide the ChartMill technical rating for CVR ENERGY INC?
ChartMill assigns a technical rating of 1 / 10 to CVI.
What is the current trend direction of CVR ENERGY INC (CVI) stock?
The current trend direction for CVR ENERGY INC (CVI) is Bearish.
What is the RSI signal for CVR ENERGY INC (CVI) stock?
CVR ENERGY INC (CVI) has an RSI value of 13.8494. This indicates that the stock is currently oversold.
What is the buy/sell signal for CVI stock?
The buy/sell signal for CVR ENERGY INC (CVI) is sell as both the short term and long term trends are negative.
What is the support and resistance level for CVI stock?
CVR ENERGY INC (CVI) has a support level at 15.97 and a resistance level at 30.48. Check the full technical report for our detailed analysis of CVI support and resistance levels.