DEFIANCE D T 2X LONG CVN ETF (CVNX) Technical Analysis
NASDAQ:CVNX • US88636R2141
Current stock price
CVNX Technical Rating and Analysis
Taking everything into account, CVNX scores 6 out of 10 in our technical rating. CVNX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than CVNX.
- The long and short term trends are both positive. This is looking good!
- CVNX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
CVNX Weekly and Daily overview Charts
CVNX Setup Rating and Analysis
CVNX has an average technical rating and the quality of the presented setup is also not ideal 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
CVNX Support and Resistance Analysis
19.72
We can see 2 important resistance areas.
- A resistance zone ranging from 19.99 to 20.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.04 from a horizontal line in the daily time frame.
CVNX 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 | UP | POSITIVE | The long term trend for CVNX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVNX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | CVNX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.12 | NEUTRAL | The RSI value for CVNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests CVNX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.81 | OVERBOUGHT | The high Stochastics value suggests CVNX may be overbought. |
| Average True Range in percent/ATR (20) | 8.41 | HIGH VOLATILITY | The high ATR as a percentage value for CVNX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.85 | POSITIVE | The high ADX value value for CVNX suggests a strong trend. |
CVNX Chart- and CandleStick Pattern Analysis
CVNX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:CVNX (4/29/2026, 10:54:01 AM)
19.92
-0.13 (-0.65%)
DEFIANCE D T 2X LONG CVN ETF / CVNX TA FAQ
What is the ChartMill technical rating of DEFIANCE D T 2X LONG CVN ETF (CVNX) stock?
ChartMill assigns a technical rating of 6 / 10 to CVNX.
Can you provide the trend direction for DEFIANCE D T 2X LONG CVN ETF?
The current trend direction for DEFIANCE D T 2X LONG CVN ETF (CVNX) is Bullish.
What is the RSI signal for CVNX stock?
DEFIANCE D T 2X LONG CVN ETF (CVNX) has an RSI value of 65.1209. This indicates that the stock is currently neutral.
What is the buy/sell signal for CVNX stock?
The buy/sell signal for DEFIANCE D T 2X LONG CVN ETF (CVNX) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for DEFIANCE D T 2X LONG CVN ETF?
DEFIANCE D T 2X LONG CVN ETF (CVNX) has a resistance level at 20.26. Check the full technical report for our detailed analysis of CVNX support and resistance levels.