Overall CVT gets a technical rating of 8 out of 10. Both in the recent history as in the last year, CVT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- CVT is part of the Software industry. There are 278 other stocks in this industry. CVT outperforms 93% of them.
- CVT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- CVT has an average volume of 2281660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, CVT did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month CVT has a been trading in a tight range between 8.46 and 8.54.
- Volume is considerably higher in the last couple of days.
CVT has an excellent technical rating, but the quality of the setup is only medium 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
5.05
4 important support areas can be observed.
- A support zone ranging from 8.27 to 8.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.17 from a trend line in the weekly time frame.
- Support @5.33 from a trend line in the daily time frame.
- Support @5.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.53 to 8.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVT is up. |
| ChartMill Relative Strength | 91.56 | POSITIVE | CVT has a high relative strength, it outperformed 91.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.55 | NEUTRAL | The RSI value for CVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CVT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.07 | NEUTRAL | The Stochastics value for CVT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for CVT suggests low volalility. |
| Average Directional Index/ADX (14) | 44.69 | POSITIVE | The high ADX value value for CVT suggests a strong trend. |
8.52
+0.02 (+0.24%)
CVENT HOLDING CORP / CVT FAQ
What is the ChartMill technical rating of CVENT HOLDING CORP (CVT) stock?
ChartMill assigns a technical rating of 7 / 10 to CVT.
What is the trend direction for CVT stock?
The current trend direction for CVENT HOLDING CORP (CVT) is Bullish.
What is the RSI signal for CVENT HOLDING CORP (CVT) stock?
CVENT HOLDING CORP (CVT) has an RSI value of 68.5538. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CVENT HOLDING CORP?
The short term momentum for CVENT HOLDING CORP (CVT) is positive.
What is the buy/sell signal for CVENT HOLDING CORP (CVT) stock?
The buy/sell signal for CVENT HOLDING CORP (CVT) is buy as both the short term and long term trends are positive.