COVEO SOLUTIONS INC-SUB VTG (CVO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CVO - CA22289D1078 - Common Stock
Overall CVO gets a technical rating of 3 out of 10. In the past year, CVO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of CVO is bad and it also does not present a 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
5.44
2 important support areas can be observed.
- Support @5.76 from a trend line in the weekly time frame.
- Support @5.49 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.03 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.96 to 9.08. 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 CVO.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVO.CA is up. |
| ChartMill Relative Strength | 14.4 | NEGATIVE | CVO.CA has a low relative strength, it was outperformed by 85.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CVO.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CVO.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.18 | OVERBOUGHT | The high RSI value suggests CVO.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests CVO.CA has a positive trend. |
| Stochastics (14,3) | 74.16 | NEUTRAL | The Stochastics value for CVO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CVO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29 | POSITIVE | The high ADX value value for CVO.CA suggests a strong trend. |
TSX:CVO (12/19/2025, 7:00:00 PM)
7.02
+0.1 (+1.45%)
COVEO SOLUTIONS INC-SUB VTG / CVO.CA FAQ
What is the technical rating for CVO stock?
ChartMill assigns a technical rating of 3 / 10 to CVO.CA.
What is the trend direction for CVO stock?
The current trend direction for COVEO SOLUTIONS INC-SUB VTG (CVO.CA) is Bearish.
Can you provide the RSI signal for COVEO SOLUTIONS INC-SUB VTG?
COVEO SOLUTIONS INC-SUB VTG (CVO.CA) has an RSI value of 70.1771. This indicates that the stock is currently overbought.
Can you provide the MACD signal for COVEO SOLUTIONS INC-SUB VTG?
The MACD indicator for COVEO SOLUTIONS INC-SUB VTG (CVO.CA) has a value of 0.197344, indicating a bearish trend.