CVR ENERGY INC (CVI) Technical Analysis
NYSE:CVI • US12662P1084
Current stock price
CVI Technical Rating and Analysis
Overall CVI gets a technical rating of 9 out of 10. In the last year, CVI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, CVI did better than 91% of all other stocks.
- CVI has an average volume of 1458920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- CVI is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 68% of 209 stocks in the same industry.
- CVI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVI is lagging the market slightly.
- In the last month CVI has a been trading in the 24.91 - 35.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CVI Weekly and Daily overview Charts
CVI Setup Rating and Analysis
CVI has an excellent technical rating, but the quality of the setup is only medium 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
CVI Support and Resistance Analysis
21.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.60 to 31.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.33 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.80 to 35.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
CVI Technical Indicator Signal Analysis
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 | 91.45 | POSITIVE | CVI has a high relative strength, it outperformed 91.45% 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) | 56.28 | NEUTRAL | The RSI value for CVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests CVI has a negative trend. |
| Stochastics (14,3) | 57.25 | NEUTRAL | The Stochastics value for CVI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for CVI suggests high volalility. |
| Average Directional Index/ADX (14) | 35.41 | POSITIVE | The high ADX value value for CVI suggests a strong trend. |
CVI Chart- and CandleStick Pattern Analysis
CVI Technicals: Chart, Performance Metrics, Trend & Indicators
31.65
+0.05 (+0.16%)
CVR ENERGY INC / CVI TA FAQ
Can you provide the ChartMill technical rating for CVR ENERGY INC?
ChartMill assigns a technical rating of 9 / 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 Bullish.
Can you provide the RSI signal for CVR ENERGY INC?
CVR ENERGY INC (CVI) has an RSI value of 56.2798. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CVR ENERGY INC?
The short term momentum for CVR ENERGY INC (CVI) is positive.
What is the buy/sell signal for CVI stock?
The buy/sell signal for CVR ENERGY INC (CVI) is buy as both the short term and long term trends are positive.