CVRX INC (CVRX) Technical Analysis
NASDAQ:CVRX • US1266381052
Current stock price
CVRX Technical Rating and Analysis
Overall CVRX gets a technical rating of 5 out of 10. Although CVRX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month CVRX has a been trading in the 6.64 - 9.84 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CVRX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 92% of 188 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that CVRX is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- CVRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVRX is lagging the market.
CVRX Weekly and Daily overview Charts
CVRX Setup Rating and Analysis
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.
More info and screens
CVRX Support and Resistance Analysis
7.08
When analyzing the support we notice one important area.
- A support zone ranging from 7.15 to 7.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.82 to 7.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.36 from a trend line in the daily time frame.
CVRX 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 | NEUTRAL | NEUTRAL | The long term trend for CVRX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVRX is down. |
| ChartMill Relative Strength | 86.24 | POSITIVE | CVRX has a high relative strength, it outperformed 86.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CVRX is below 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) | UP | MIXED | The current price of CVRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.92 | NEUTRAL | The RSI value for CVRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CVRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.81 | NEUTRAL | The Stochastics value for CVRX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.11 | HIGH VOLATILITY | The high ATR as a percentage value for CVRX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.57 | NEUTRAL | The ADX value for CVRX suggests a possible start of a new trend. |
CVRX Chart- and CandleStick Pattern Analysis
CVRX Technicals: Chart, Performance Metrics, Trend & Indicators
7.81
+0.65 (+9.15%)
CVRX INC / CVRX TA FAQ
Can you provide the ChartMill technical rating for CVRX INC?
ChartMill assigns a technical rating of 5 / 10 to CVRX.
What is the trend direction for CVRX stock?
The current trend direction for CVRX INC (CVRX) is Bearish.
What is the RSI signal for CVRX INC (CVRX) stock?
CVRX INC (CVRX) has an RSI value of 45.9197. This indicates that the stock is currently neutral.
What is the MACD signal for CVRX INC (CVRX) stock?
The MACD indicator for CVRX INC (CVRX) has a value of -0.233459, indicating a bearish trend.