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 5 out of 10 in our technical rating. CVO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CVO has an average technical rating and it also does not offer a high 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
5.46
We found 4 important support areas.
- A support zone ranging from 6.56 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.34 from a horizontal line in the daily time frame.
- Support @5.82 from a trend line in the weekly time frame.
- Support @5.52 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.85 from a trend line in the weekly time frame.
- Resistance @9.08 from a horizontal line in the daily time frame.
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 | 53.32 | NEUTRAL | CVO.CA is not amongst the best or worst performers 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 | POSITIVE | The current price of CVO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.6 | 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) | 80.99 | OVERBOUGHT | The high Stochastics value suggests CVO.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for CVO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.89 | POSITIVE | The high ADX value value for CVO.CA suggests a strong trend. |
TSX:CVO (1/12/2026, 7:00:00 PM)
7.41
+0.35 (+4.96%)
COVEO SOLUTIONS INC-SUB VTG / CVO.CA FAQ
What is the technical rating for CVO stock?
ChartMill assigns a technical rating of 5 / 10 to CVO.CA.
Can you provide the trend direction for COVEO SOLUTIONS INC-SUB VTG?
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 68.6033. This indicates that the stock is currently neutral.
What is the short term momentum for COVEO SOLUTIONS INC-SUB VTG (CVO.CA) stock?
The short term momentum for COVEO SOLUTIONS INC-SUB VTG (CVO.CA) is positive.