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 9 out of 10. 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 part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. CVI outperforms 82% of them.
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.
CVI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CVI has an average volume of 1012730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CVI did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CVI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
15.74
27.79
4 important support areas can be observed.
- Support @26.35 from a horizontal line in the daily time frame.
- A support zone ranging from 25.63 to 25.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @24.66 from a trend line in the daily time frame.
- 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.
We found 1 important resistance area.
- A resistance zone ranging from 27.20 to 27.51. 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 | UP | POSITIVE | The short term trend for CVI is up. |
| ChartMill Relative Strength | 82.01 | POSITIVE | CVI has a high relative strength, it outperformed 82.01% 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) | 64.75 | NEUTRAL | The RSI value for CVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests CVI has a negative trend. |
| Stochastics (14,3) | 66.8 | NEUTRAL | The Stochastics value for CVI is a neutral value. |
| 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) | 43.82 | 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)
27.19
+0.84 (+3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.19%
1 Week-1.16%
2 Weeks5.88%
1 Month15.7%
3 Month37.18%
6 Month47.21%
12 Month1.57%
2 Year-9.25%
3 Year-18.84%
5 Year35.21%
10 Year-27.76%
15 Year261.57%
Volatility
ATR(14)1.07
ATR(20)%3.77%
ATR Inc8.88%
Range Today1.37
ADR(20)1.01
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.01
Mansfield1.73
10 Day High28.6
10 Day Low25.54
20 Day High28.6
20 Day Low22.63
52 Week High29.84
52 Week Low15.1
CS1 End26.35
CR1 Start27.2
Volume & EV
DER(3)0.11%
DER(5)1.21%
Volume2.54M
Volume Incr33.94%
Vol(5)1.30M
Vol(50)1.01M