We assign a technical rating of 7 out of 10 to CVLY. CVLY has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although CVLY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.14
We found 2 important support areas.
- A support zone ranging from 21.80 to 22.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.35 to 21.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.68 to 25.71. 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 | NEUTRAL | NEUTRAL | The long term trend for CVLY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVLY is up. |
| ChartMill Relative Strength | 80.9 | POSITIVE | CVLY has a high relative strength, it outperformed 80.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.64 | OVERBOUGHT | The high RSI value suggests CVLY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests CVLY has a positive trend. |
| Stochastics (14,3) | 82.91 | OVERBOUGHT | The high Stochastics value suggests CVLY may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for CVLY suggests some volalility. |
| Average Directional Index/ADX (14) | 28.57 | POSITIVE | The high ADX value value for CVLY suggests a strong trend. |
24.04
+1.14 (+4.98%)
CODORUS VALLEY BANCORP INC / CVLY FAQ
Can you provide the ChartMill technical rating for CODORUS VALLEY BANCORP INC?
ChartMill assigns a technical rating of 7 / 10 to CVLY.
What is the trend direction for CVLY stock?
The current trend direction for CODORUS VALLEY BANCORP INC (CVLY) is Bearish.
What is the RSI signal for CODORUS VALLEY BANCORP INC (CVLY) stock?
CODORUS VALLEY BANCORP INC (CVLY) has an RSI value of 79.6355. This indicates that the stock is currently overbought.
What is the support and resistance level for CVLY stock?
CODORUS VALLEY BANCORP INC (CVLY) has a support level at 22.43 and a resistance level at 25.68. Check the full technical report for our detailed analysis of CVLY support and resistance levels.