CVR ENERGY INC (CVI) Stock Technical Analysis
NYSE:CVI - New York Stock Exchange, Inc. - US12662P1084 - Common Stock - Currency: USD
Overall CVI gets a technical rating of 4 out of 10. CVI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month CVI has a been trading in the 24.33 - 32.67 range, which is quite wide. It is currently trading near the lows of this range.
CVI is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry. CVI outperforms 75% of them.
CVI has an average volume of 1105480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that CVI is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CVI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVI is lagging the market.
Volume is considerably higher in the last couple of days.
CVI has an average technical rating and it also 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
15.74
32.23
2 important support areas can be observed.
- A support zone ranging from 24.93 to 25.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.90 to 15.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 26.72 to 27.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.12 from a horizontal line in the daily time frame.
- Resistance @31.91 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for CVI is down. |
| ChartMill Relative Strength | 71.58 | POSITIVE | CVI has a high relative strength, it outperformed 71.58% 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) | 45.58 | NEUTRAL | The RSI value for CVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests CVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.75 | NEUTRAL | The Stochastics value for CVI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for CVI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for CVI suggests a strong 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)
26.71
+0.54 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.06%
1 Week-5.52%
2 Weeks-5.22%
1 Month-13.5%
3 Month25.16%
6 Month45.64%
12 Month2.53%
2 Year-18.32%
3 Year-18.22%
5 Year60.04%
10 Year-33.57%
15 Year275.14%
Volatility
ATR(14)1.3
ATR(20)%4.89%
ATR Inc-3.77%
Range Today0.93
ADR(20)1.2
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.58
Mansfield1.26
10 Day High29.29
10 Day Low24.33
20 Day High32.67
20 Day Low24.33
52 Week High32.67
52 Week Low15.1
CS1 End25.06
CR1 Start26.72
Volume & EV
DER(3)11.75%
DER(5)7.63%
Volume2.22M
Volume Incr125.27%
Vol(5)2.10M
Vol(50)1.11M