CORINDUS VASCULAR ROBOTICS INC (CVRS) Stock Technical Analysis
NYSEARCA:CVRS - NYSE Arca -
We assign a technical rating of 9 out of 10 to CVRS. In the last year, CVRS was one of the better performers, but we do observe some doubts in the very recent evolution.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CVRS did better than 99% of all other stocks. We also observe that the gains produced by CVRS over the past year are nicely spread over this period.
CVRS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CVRS is leading the market.
CVRS has an average volume of 1748860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CVRS has a been trading in a tight range between 4.26 and 4.40.
Besides having an excellent technical rating, CVRS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.26, a Stop Loss order could be placed below this zone.
More info and screens
2.29
4.33
We found 4 important support areas.
- A support zone ranging from 4.24 to 4.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.03 from a trend line in the weekly time frame.
- Support @2.39 from a trend line in the daily time frame.
- Support @2.31 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.27 to 4.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.62
Mansfield6.27
10 Day High4.28
10 Day Low4.26
20 Day High4.4
20 Day Low4.26
52 Week High4.4
52 Week Low0.78
Performance
1 Week0%
2 Weeks0%
1 Month-0.23%
3 Month78.66%
6 Month96.77%
12 Month288.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)58.51
LBB4.26
UBB4.29
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.29 | 4.25 | 0.04 (0.86%) | 25.00% |
| An entry @4.29. This is a Buy Stop order right above the 10 day moving average. | An exit @4.25. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 0.86%. | For a 0.22% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CORINDUS VASCULAR ROBOTICS INC
NYSEARCA:CVRS (10/28/2019, 8:11:36 PM)
After market: 4.28 +0.01 (+0.23%)4.27
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0%
2 Weeks0%
1 Month-0.23%
3 Month78.66%
6 Month96.77%
12 Month288.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.48%
ATR Inc-28.21%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.62
Mansfield6.27
10 Day High4.28
10 Day Low4.26
20 Day High4.4
20 Day Low4.26
52 Week High4.4
52 Week Low0.78
CS1 End4.26
CR1 Start4.27
Volume & EV
DER(3)-6.76%
DER(5)-2.86%
Volume5.50M
Volume Incr10.18%
Vol(5)1.57M
Vol(50)1.75M