CVR REFNG LP (CVRR) Technical Analysis
NYSE:CVRR • US12663P1075
Current stock price
CVRR Technical Rating and Analysis
Taking everything into account, CVRR scores 1 out of 10 in our technical rating. CVRR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than CVRR.
- CVRR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVRR is lagging the market.
- In the last month CVRR has a been trading in the 10.14 - 11.77 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
CVRR Weekly and Daily overview Charts
CVRR Setup Rating and Analysis
Although the technical rating is bad, CVRR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
CVRR Support and Resistance Analysis
9.11
3 important support areas can be observed.
- Support @10.47 from a horizontal line in the daily time frame.
- Support @9.42 from a trend line in the weekly time frame.
- Support @9.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.25 to 11.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.17 from a trend line in the daily time frame.
- Resistance @15.92 from a trend line in the daily time frame.
CVRR Technical Indicator Signal Analysis
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 CVRR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVRR is down. |
| ChartMill Relative Strength | 6.06 | NEGATIVE | CVRR has a low relative strength, it was outperformed by 93.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CVRR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVRR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVRR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.37 | NEUTRAL | The RSI value for CVRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests CVRR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 1.28 | OVERSOLD | The low Stochastics value suggests CVRR may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CVRR suggests some volalility. |
CVRR Chart- and CandleStick Pattern Analysis
CVRR Technicals: Chart, Performance Metrics, Trend & Indicators
10.49
0 (0%)
CVR REFNG LP / CVRR TA FAQ
What is the ChartMill technical rating of CVR REFNG LP (CVRR) stock?
ChartMill assigns a technical rating of 1 / 10 to CVRR.
Can you provide the trend direction for CVR REFNG LP?
The current trend direction for CVR REFNG LP (CVRR) is Bearish.
What is the RSI signal for CVRR stock?
CVR REFNG LP (CVRR) has an RSI value of 38.366. This indicates that the stock is currently neutral.
What is the MACD signal for CVRR stock?
The MACD indicator for CVR REFNG LP (CVRR) has a value of 0.0954036, indicating a bearish trend.
What is the short term momentum for CVR REFNG LP (CVRR) stock?
The short term momentum for CVR REFNG LP (CVRR) is negative.