CVR ENERGY INC (CVI) Stock Technical Analysis
USA - NYSE:CVI - US12662P1084 - Common Stock
34.34 USD
-1.38 (-3.86%)
34.34 USD
0 (0%)
Overall CVI gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CVI has a been trading in the 34.23 - 41.66 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CVI did better than 94% of all other stocks. On top of that, CVI also shows a nice and consistent pattern of rising prices.
CVI is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 94% of 210 stocks in the same industry.
CVI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CVI is performing more or less in line with the market.
CVI has an average volume of 1476590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although CVI has an excellent technical rating, it does not present a decent entry opportunity 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
37.49
4 important support areas can be observed.
- A support zone ranging from 34.26 to 34.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.26 to 33.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.04 from a trend line in the daily time frame.
- Support @15.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.90 to 36.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 36.99 to 37.12. 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 | UP | POSITIVE | The long term trend for CVI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVI is neutral. |
| ChartMill Relative Strength | 94.91 | POSITIVE | CVI has a high relative strength, it outperformed 94.91% off all stocks 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) | UP | MIXED | The current price of CVI is below 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) | 40.67 | NEUTRAL | The RSI value for CVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests CVI has a negative trend. |
| Stochastics (14,3) | 25.23 | NEUTRAL | The Stochastics value for CVI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for CVI suggests high volalility. |
| Average Directional Index/ADX (14) | 14.99 | 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)
34.34
-1.38 (-3.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.86%
1 Week-5.61%
2 Weeks-6.12%
1 Month-12.29%
3 Month25.88%
6 Month46.13%
12 Month83.24%
2 Year8.09%
3 Year-6.81%
5 Year142.86%
10 Year-28.08%
15 Year185.45%
Volatility
ATR(14)1.56
ATR(20)%5.13%
ATR Inc12.34%
Range Today2.25
ADR(20)1.69
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.91
3 months CRS93.32
6 months CRS90.78
Mansfield2.89
10 Day High37.67
10 Day Low34.23
20 Day High41.67
20 Day Low34.23
52 Week High41.67
52 Week Low15.1
CS1 End34.33
CR1 Start35.9
Volume & EV
DER(3)1.35%
DER(5)-0.32%
Volume545.00K
Volume Incr-43.59%
Vol(5)711.04K
Vol(50)1.48M
CVR ENERGY INC / CVI FAQ
Can you provide the ChartMill technical rating for CVR ENERGY INC?
ChartMill assigns a technical rating of 9 / 10 to CVI.
Can you provide the trend direction for CVR ENERGY INC?
The current trend direction for CVR ENERGY INC (CVI) is Bullish.
What is the RSI signal for CVR ENERGY INC (CVI) stock?
CVR ENERGY INC (CVI) has an RSI value of 40.6658. This indicates that the stock is currently neutral.
What is the short term momentum for CVR ENERGY INC (CVI) stock?
The short term momentum for CVR ENERGY INC (CVI) is neutral.