USA - NASDAQ:CVRX - US1266381052 - Common Stock
Taking everything into account, CVRX scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, CVRX is a bad performer.
CVRX has an average technical rating and the quality of the presented setup is also 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.
6.73
When analyzing the support we can see 3 important areas.
We can see 2 important resistance 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 CVRX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVRX is neutral. |
| ChartMill Relative Strength | 36.58 | NEUTRAL | CVRX is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of CVRX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.23 | NEUTRAL | The RSI value for CVRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CVRX has a negative trend. |
| Stochastics (14,3) | 28.96 | NEUTRAL | The Stochastics value for CVRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for CVRX suggests high volalility. |
| Average Directional Index/ADX (14) | 38.73 | POSITIVE | The high ADX value value for CVRX suggests a strong trend. |
9.71
-0.34 (-3.38%)
ChartMill assigns a technical rating of 6 / 10 to CVRX.
The current trend direction for CVRX INC (CVRX) is Bullish.
CVRX INC (CVRX) has an RSI value of 51.2299. This indicates that the stock is currently neutral.
The MACD indicator for CVRX INC (CVRX) has a value of -0.142932, indicating a bearish trend.