COVEO SOLUTIONS INC-SUB VTG (CVO.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:CVO - CA22289D1078 - Common Stock
Taking everything into account, CVO scores 0 out of 10 in our technical rating. 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 bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.64
We can see 3 important resistance areas.
- A resistance zone ranging from 5.71 to 5.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.76 from a trend line in the daily time frame.
- A resistance zone ranging from 9.04 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 | 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 | 6.28 | NEGATIVE | CVO.CA has a low relative strength, it was outperformed by 93.72% 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) | 33.43 | NEUTRAL | The RSI value for CVO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CVO.CA has a positive trend. |
| Stochastics (14,3) | 26.42 | NEUTRAL | The Stochastics value for CVO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for CVO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.14 | POSITIVE | The high ADX value value for CVO.CA suggests a strong trend. |
TSX:CVO (11/28/2025, 7:00:00 PM)
5.7
+0.05 (+0.88%)
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 33.4315. This indicates that the stock is currently neutral.
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 0.0633609, 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.