Overall CVRT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVRT is showing a nice and steady performance.
Although CVRT has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
25.53
When analyzing the support we can see 6 important areas.
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 | UP | POSITIVE | The long term trend for CVRT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVRT is neutral. |
| ChartMill Relative Strength | 81.63 | POSITIVE | CVRT has a high relative strength, it outperformed 81.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.51 | NEUTRAL | The RSI value for CVRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CVRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.93 | NEUTRAL | The Stochastics value for CVRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for CVRT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.54 | NEUTRAL | The ADX value for CVRT suggests a possible start of a new trend. |
NYSEARCA:CVRT (2/6/2026, 8:26:55 PM)
42.4107
+2.23 (+5.55%)
ChartMill assigns a technical rating of 10 / 10 to CVRT.
The current trend direction for CALAMOS CONV EQTY ALT ETF (CVRT) is Bullish.
CALAMOS CONV EQTY ALT ETF (CVRT) has an RSI value of 60.5077. This indicates that the stock is currently neutral.
The MACD indicator for CALAMOS CONV EQTY ALT ETF (CVRT) has a value of -0.057259, indicating a bearish trend.
CALAMOS CONV EQTY ALT ETF (CVRT) has a support level at 40.17. Check the full technical report for our detailed analysis of CVRT support and resistance levels.