CODORUS VALLEY BANCORP INC (CVLY) Stock Technical Analysis
NASDAQ:CVLY - Nasdaq - US1920251048 - Common Stock - Currency: USD
Taking everything into account, CVLY scores 7 out of 10 in our technical rating. 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
CVLY is one of the better performing stocks in the Banks industry, it outperforms 80% of 394 stocks in the same industry.
CVLY 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 CVLY is lagging the market slightly.
In the last month CVLY has a been trading in the 21.34 - 24.19 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, CVLY did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CVLY has an excellent technical rating, it does not present a decent entry opportunity 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
25.97
2 important support areas can be observed.
- 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.
We found 1 important resistance 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. |
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)
24.04
+1.14 (+4.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.98%
1 Week9.57%
2 Weeks10.63%
1 Month10.17%
3 Month5.62%
6 Month-6.46%
12 Month22.59%
2 Year6.8%
3 Year19.96%
5 Year4.52%
10 Year13.77%
15 Year281.59%
Volatility
ATR(14)0.54
ATR(20)%2.02%
ATR Inc130.09%
Range Today1.24
ADR(20)0.45
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.9
Mansfield-0.33
10 Day High24.19
10 Day Low21.44
20 Day High24.19
20 Day Low21.34
52 Week High25.88
52 Week Low17.62
CS1 End22.43
CR1 Start25.68
Volume & EV
DER(3)-7.41%
DER(5)-6.11%
Volume710.30K
Volume Incr725.18%
Vol(5)262.12K
Vol(50)58.54K