Covia Holdings Corp (CVIA) Technical Analysis
NYSE:CVIA
Current stock price
CVIA Technical Rating and Analysis
Taking everything into account, CVIA scores 0 out of 10 in our technical rating. CVIA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CVIA is a bad performer in the overall market: 91% of all stocks are doing better.
- CVIA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CVIA has a been trading in the 0.41 - 1.04 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CVIA Weekly and Daily overview Charts
CVIA Setup Rating and Analysis
The technical rating of CVIA is bad and it also does not present a 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
CVIA Support and Resistance Analysis
0.46
When analyzing the support we notice one important area.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.65 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
CVIA 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 | DOWN | NEGATIVE | The long term trend for CVIA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVIA is down. |
| ChartMill Relative Strength | 9.93 | NEGATIVE | CVIA has a low relative strength, it was outperformed by 90.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVIA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVIA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.44 | NEUTRAL | The RSI value for CVIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CVIA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.16 | OVERSOLD | The low Stochastics value suggests CVIA may be oversold. |
| Average True Range in percent/ATR (20) | 22.64 | HIGH VOLATILITY | The high ATR as a percentage value for CVIA suggests high volalility. |
CVIA Chart- and CandleStick Pattern Analysis
CVIA Technicals: Chart, Performance Metrics, Trend & Indicators
0.48
+0.01 (+3.03%)
Covia Holdings Corp / CVIA TA FAQ
What is the technical rating for CVIA stock?
ChartMill assigns a technical rating of 0 / 10 to CVIA.
Can you provide the trend direction for Covia Holdings Corp?
The current trend direction for Covia Holdings Corp (CVIA) is Bearish.
What is the RSI signal for Covia Holdings Corp (CVIA) stock?
Covia Holdings Corp (CVIA) has an RSI value of 41.441. This indicates that the stock is currently neutral.
What is the buy/sell signal for Covia Holdings Corp (CVIA) stock?
The buy/sell signal for Covia Holdings Corp (CVIA) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for Covia Holdings Corp (CVIA) stock?
Covia Holdings Corp (CVIA) has a support level at 0.46 and a resistance level at 0.53. Check the full technical report for our detailed analysis of CVIA support and resistance levels.