NYSE:CVRR - New York Stock Exchange, Inc. - US12663P1075
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.
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.
9.11
3 important support areas can be observed.
3 important resistance areas can be observed.
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. |
10.49
0 (0%)