CHICAGO RIVET & MACHINE CO (CVR) Stock Technical Analysis
NYSEARCA:CVR - NYSE Arca - US1680881026 - Common Stock - Currency: USD
Taking everything into account, CVR scores 1 out of 10 in our technical rating. CVR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
CVR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: CVR has an average volume of 4472 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, CVR turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
CVR is part of the Machinery industry. There are 127 other stocks in this industry, CVR did better than 40% of them.
In the last month CVR has a been trading in the 11.13 - 13.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CVR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CVR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.26
17.38
We found 1 important support area.
- A support zone ranging from 11.37 to 11.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 12.24 to 12.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.84 from a trend line in the daily time frame.
- Resistance @13.29 from a trend line in the daily time frame.
- Resistance @14.14 from a horizontal line in the daily time frame.
- Resistance @17.21 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for CVR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVR is down. |
| ChartMill Relative Strength | 45.71 | NEUTRAL | CVR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.76 | NEUTRAL | The RSI value for CVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CVR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.6 | NEUTRAL | The Stochastics value for CVR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for CVR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.42 | NEGATIVE | The low ADX value for CVR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.99
+0.44 (+3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.81%
1 Week0.04%
2 Weeks-1.72%
1 Month-11.71%
3 Month29.62%
6 Month-22.65%
12 Month-21.38%
2 Year-51.65%
3 Year-57.18%
5 Year-42.66%
10 Year-54.18%
15 Year-25.06%
Volatility
ATR(14)0.73
ATR(20)%6.76%
ATR Inc0.83%
Range Today0.21
ADR(20)0.71
ADR(20)%5.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.71
Mansfield-2.77
10 Day High13.1
10 Day Low11.13
20 Day High13.9
20 Day Low11.13
52 Week High22.27
52 Week Low8.15
CS1 End11.68
CR1 Start12.24
Volume & EV
DER(3)12.24%
DER(5)7.34%
Volume1.70K
Volume Incr-58.02%
Vol(5)1.82K
Vol(50)4.47K