NASDAQ:CVRX - Nasdaq - US1266381052 - Common Stock - Currency: USD
Taking everything into account, CVRX scores 5 out of 10 in our technical rating. CVRX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CVRX has an average technical rating and it also does not offer a high quality setup 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.
6.36
We found 2 important support areas.
When analyzing the resistance we notice 2 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 | DOWN | NEGATIVE | The long term trend for CVRX is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVRX is up. |
ChartMill Relative Strength | 50.09 | NEUTRAL | CVRX is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVRX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVRX is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVRX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 63.34 | NEUTRAL | The RSI value for CVRX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests CVRX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 80.57 | OVERBOUGHT | The high Stochastics value suggests CVRX may be overbought. |
Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for CVRX suggests high volalility. |
Average Directional Index/ADX (14) | 34.33 | POSITIVE | The high ADX value value for CVRX suggests a strong trend. |
8.34
+0.15 (+1.83%)