COVEO SOLUTIONS INC-SUB VTG (CVO.CA) Stock Technical Analysis
Canada - TSX:CVO - CA22289D1078 - Common Stock
Overall CVO gets a technical rating of 0 out of 10. CVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CVO has a poor technical rating and the quality of the setup is also only medium 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
5.07
We found 1 important support area.
- A support zone ranging from 5.12 to 5.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @6.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.36 to 7.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.08 to 9.09. 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 | DOWN | NEGATIVE | The long term trend for CVO.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVO.CA is down. |
| ChartMill Relative Strength | 6.33 | NEGATIVE | CVO.CA has a low relative strength, it was outperformed by 93.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVO.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVO.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVO.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.41 | OVERSOLD | The low RSI value suggests CVO.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests CVO.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.35 | OVERSOLD | The low Stochastics value suggests CVO.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for CVO.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.97 | POSITIVE | The high ADX value value for CVO.CA suggests a strong trend. |
TSX:CVO (11/14/2025, 7:00:00 PM)
5.79
-0.09 (-1.53%)
COVEO SOLUTIONS INC-SUB VTG / CVO.CA FAQ
What is the technical rating for CVO stock?
ChartMill assigns a technical rating of 0 / 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 27.4103. This indicates that the stock is currently oversold.
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 -0.0486436, indicating a bearish trend.
What is the buy/sell signal for COVEO SOLUTIONS INC-SUB VTG (CVO.CA) stock?
The buy/sell signal for COVEO SOLUTIONS INC-SUB VTG (CVO.CA) is sell as both the short term and long term trends are negative.