COMMVAULT SYSTEMS INC (CVLT) Stock Technical Analysis
NASDAQ:CVLT - US2041661024 - Common Stock
186.645 USD
-1.09 (-0.58%)
186.645 USD
0 (0%)
Taking everything into account, CVLT scores 7 out of 10 in our technical rating. Although CVLT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
CVLT 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 CVLT is lagging the market slightly.
When compared to the yearly performance of all other stocks, CVLT outperforms 68% of them, which is more or less in line with the market.
CVLT is part of the Software industry. There are 282 other stocks in this industry, CVLT did better than 63% of them.
In the last month CVLT has a been trading in the 173.66 - 196.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CVLT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 188.57. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 184.91, a Stop Loss order could be placed below this zone.
More info and screens
157.09
195.31
5 important support areas can be observed.
- A support zone ranging from 180.34 to 184.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 175.75 to 177.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 170.94 to 172.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 163.43 to 164.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @158.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 188.57 to 193.38. This zone is formed by a combination of multiple trend lines 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 CVLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVLT is up. |
| ChartMill Relative Strength | 68.26 | NEUTRAL | CVLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.8 | NEUTRAL | The RSI value for CVLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests CVLT has a positive trend. |
| Stochastics (14,3) | 56.08 | NEUTRAL | The Stochastics value for CVLT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CVLT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for CVLT suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 193.39 | 180.33 | 13.06 (6.75%) | 14.81% |
| An entry @193.39. This is a Buy Stop order right above the resistance zone. | An exit @180.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 13.06 points, which is 6.75%. | For a 1.00% total portfolio risk, you can invest 14.81% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
186.645
-1.09 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.58%
1 Week3.1%
2 Weeks3.68%
1 Month3.85%
3 Month1.91%
6 Month9.43%
12 Month20.11%
2 Year173.23%
3 Year243.79%
5 Year331.75%
10 Year420.77%
15 Year660.27%
Volatility
ATR(14)5.64
ATR(20)%3.09%
ATR Inc-23.95%
Range Today3.97
ADR(20)5.66
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.26
Mansfield0.32
10 Day High188.74
10 Day Low173.66
20 Day High196
20 Day Low173.66
52 Week High200.69
52 Week Low128.07
CS1 End184.91
CR1 Start188.57
Volume & EV
DER(3)-1%
DER(5)-1.23%
Volume317.80K
Volume Incr-37.89%
Vol(5)349.14K
Vol(50)498.96K