COMMVAULT SYSTEMS INC (CVLT) Technical Analysis
NASDAQ:CVLT • US2041661024
Current stock price
79.93 USD
+1.52 (+1.94%)
At close:
79.93 USD
0 (0%)
After Hours:
CVLT Technical Rating and Analysis
Overall CVLT gets a technical rating of 0 out of 10. CVLT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than CVLT.
- CVLT is one of the lesser performing stocks in the Software industry. 72% of 275 stocks in the same industry do better.
- CVLT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CVLT is lagging the market.
- In the last month CVLT has a been trading in the 74.94 - 87.88 range, which is quite wide. It is currently trading near the lows of this range.
- CVLT has an average volume of 1196010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
CVLT Weekly and Daily overview Charts
CVLT Setup Rating and Analysis
Although the technical rating is bad, CVLT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 79.94. Right above this resistance zone may be a good entry point.
More info and screens
CVLT Support and Resistance Analysis
79.13
177.92
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 79.94 to 81.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 92.70 to 94.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @176.16 from a horizontal line in the daily time frame.
CVLT 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 CVLT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVLT is down. |
| ChartMill Relative Strength | 7.42 | NEGATIVE | CVLT has a low relative strength, it was outperformed by 92.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVLT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.6 | NEUTRAL | The RSI value for CVLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests CVLT has a positive trend. |
| Stochastics (14,3) | 47.19 | NEUTRAL | The Stochastics value for CVLT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for CVLT suggests some volalility. |
| Average Directional Index/ADX (14) | 29.75 | POSITIVE | The high ADX value value for CVLT suggests a strong trend. |
CVLT Chart- and CandleStick Pattern Analysis
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)
CVLT Technicals: Chart, Performance Metrics, Trend & Indicators
79.93
+1.52 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.94%
1 Week-1.52%
2 Weeks0.16%
1 Month-9.21%
3 Month-35.63%
6 Month-55.67%
12 Month-42.64%
2 Year-22%
3 Year37.17%
5 Year14.99%
10 Year82.61%
15 Year102.92%
Volatility
ATR(14)3.28
ATR(20)%4.18%
ATR Inc8.75%
Range Today3.92
ADR(20)3.26
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.42
3 months CRS8.79
6 months CRS8.3
Mansfield-4.67
10 Day High82.65
10 Day Low74.94
20 Day High87.88
20 Day Low74.94
52 Week High200.69
52 Week Low74.94
CS1 EndN/A
CR1 Start79.94
Volume & EV
DER(3)-0.3%
DER(5)-1.17%
Volume740.10K
Volume Incr-35.49%
Vol(5)728.04K
Vol(50)1.20M
COMMVAULT SYSTEMS INC / CVLT TA FAQ
Can you provide the ChartMill technical rating for COMMVAULT SYSTEMS INC?
ChartMill assigns a technical rating of 0 / 10 to CVLT.
What is the current trend direction of COMMVAULT SYSTEMS INC (CVLT) stock?
The current trend direction for COMMVAULT SYSTEMS INC (CVLT) is Bearish.
What is the RSI signal for CVLT stock?
COMMVAULT SYSTEMS INC (CVLT) has an RSI value of 44.5975. This indicates that the stock is currently neutral.
What is the MACD signal for CVLT stock?
The MACD indicator for COMMVAULT SYSTEMS INC (CVLT) has a value of 0.533606, indicating a bearish trend.
What is the short term momentum for COMMVAULT SYSTEMS INC (CVLT) stock?
The short term momentum for COMMVAULT SYSTEMS INC (CVLT) is negative.