We assign a technical rating of 9 out of 10 to CVU. Both in the recent history as in the last year, CVU 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.
- When comparing the yearly performance of all stocks, we notice that CVU is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- CVU is part of the Aerospace & Defense industry. There are 71 other stocks in this industry, CVU did better than 50% of them.
- CVU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVU is lagging the market.
- In the last month CVU has a been trading in the 3.19 - 4.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CVU 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
3.98
We found 1 important support area.
- Support @4.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.41 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for CVU is up. |
| ChartMill Relative Strength | 86.66 | POSITIVE | CVU has a high relative strength, it outperformed 86.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVU is above the rising 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) | 62.78 | NEUTRAL | The RSI value for CVU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CVU has a negative trend. |
| Stochastics (14,3) | 52.45 | NEUTRAL | The Stochastics value for CVU is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for CVU suggests high volalility. |
| Average Directional Index/ADX (14) | 60.47 | POSITIVE | The high ADX value value for CVU suggests a strong trend. |
4.18
+0.15 (+3.72%)
CPI AEROSTRUCTURES INC / CVU FAQ
What is the ChartMill technical rating of CPI AEROSTRUCTURES INC (CVU) stock?
ChartMill assigns a technical rating of 9 / 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 62.7753. 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 positive.
Can you provide the support and resistance levels for CPI AEROSTRUCTURES INC?
CPI AEROSTRUCTURES INC (CVU) has a support level at 4.02 and a resistance level at 4.41. Check the full technical report for our detailed analysis of CVU support and resistance levels.