CPI AEROSTRUCTURES INC (CVU) Technical Analysis
NYSEARCA:CVU • US1259193084
Current stock price
CVU Technical Rating and Analysis
Taking everything into account, CVU scores 3 out of 10 in our technical rating. CVU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month CVU has a been trading in the 3.70 - 5.40 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.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, CVU turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- CVU is part of the Aerospace & Defense industry. There are 79 other stocks in this industry, CVU did better than 44% of them.
- CVU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVU is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
CVU Weekly and Daily overview Charts
CVU Setup Rating and Analysis
The technical rating of CVU is bad and it also does not present a 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
CVU Support and Resistance Analysis
3.69
2 important resistance areas can be observed.
- Resistance @4.23 from a horizontal line in the daily time frame.
- Resistance @4.57 from a trend line in the weekly time frame.
CVU 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 | UP | POSITIVE | The long term trend for CVU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVU is down. |
| ChartMill Relative Strength | 52.23 | NEUTRAL | CVU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.55 | NEUTRAL | The RSI value for CVU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CVU has a negative trend. |
| Stochastics (14,3) | 12.6 | OVERSOLD | The low Stochastics value suggests CVU may be oversold. |
| Average True Range in percent/ATR (20) | 9.67 | HIGH VOLATILITY | The high ATR as a percentage value for CVU suggests high volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for CVU suggests a weak or negative trend. |
CVU Chart- and CandleStick Pattern Analysis
CVU Technicals: Chart, Performance Metrics, Trend & Indicators
3.73
-0.26 (-6.52%)
CPI AEROSTRUCTURES INC / CVU TA FAQ
What is the ChartMill technical rating of CPI AEROSTRUCTURES INC (CVU) stock?
ChartMill assigns a technical rating of 3 / 10 to CVU.
Can you provide the trend direction for CPI AEROSTRUCTURES INC?
The current trend direction for CPI AEROSTRUCTURES INC (CVU) is Bullish.
Can you provide the RSI signal for CPI AEROSTRUCTURES INC?
CPI AEROSTRUCTURES INC (CVU) has an RSI value of 34.5489. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CPI AEROSTRUCTURES INC?
The short term momentum for CPI AEROSTRUCTURES INC (CVU) is negative.
Can you provide the support and resistance levels for CPI AEROSTRUCTURES INC?
CPI AEROSTRUCTURES INC (CVU) has a resistance level at 4.23. Check the full technical report for our detailed analysis of CVU support and resistance levels.