CVR ENERGY INC (CVI) Stock Technical Analysis
USA - NYSE:CVI - US12662P1084 - Common Stock
39.58 USD
+0.43 (+1.1%)
39.62 USD
+0.04 (+0.1%)
Overall CVI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CVI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CVI is one of the better performing stocks in the market, outperforming 92% of all stocks.
CVI is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 95% of 211 stocks in the same industry.
CVI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CVI has a been trading in the 32.93 - 40.27 range, which is quite wide. It is currently trading near the high of this range.
CVI has an average volume of 1914410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CVI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.81
39.98
We found 3 important support areas.
- A support zone ranging from 33.92 to 34.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.20 to 31.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.97 from a horizontal 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 | UP | POSITIVE | The short term trend for CVI is up. |
| ChartMill Relative Strength | 92.44 | POSITIVE | CVI has a high relative strength, it outperformed 92.44% 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) | 69.31 | NEUTRAL | The RSI value for CVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CVI has a positive trend. |
| Stochastics (14,3) | 82.4 | OVERBOUGHT | The high Stochastics value suggests CVI may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for CVI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.03 | 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)
39.58
+0.43 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.1%
1 Week15.39%
2 Weeks16.65%
1 Month9.01%
3 Month42.32%
6 Month114.99%
12 Month66.65%
2 Year20.86%
3 Year1.33%
5 Year259.49%
10 Year-10.98%
15 Year315.76%
Volatility
ATR(14)1.54
ATR(20)%3.77%
ATR Inc73.1%
Range Today1.5
ADR(20)1.42
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.44
3 months CRS92.93
6 months CRS94.5
Mansfield4.96
10 Day High40.27
10 Day Low32.93
20 Day High40.27
20 Day Low32.93
52 Week High40.27
52 Week Low15.1
CS1 End34.74
CR1 StartN/A
Volume & EV
DER(3)4.32%
DER(5)2.72%
Volume956.90K
Volume Incr-22.87%
Vol(5)1.17M
Vol(50)1.91M
CVR ENERGY INC / CVI FAQ
Can you provide the ChartMill technical rating for CVR ENERGY INC?
ChartMill assigns a technical rating of 10 / 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 69.3087. 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 positive.
What is the buy/sell signal for CVR ENERGY INC (CVI) stock?
The buy/sell signal for CVR ENERGY INC (CVI) is buy as both the short term and long term trends are positive.