We assign a technical rating of 9 out of 10 to CVU. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVU is showing a nice and steady performance.
Although CVU has an excellent technical rating, it does not present a decent entry opportunity 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
3.90
When analyzing the support we notice one important area.
- Support @3.94 from a horizontal line in the daily 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 | 90.97 | POSITIVE | CVU has a high relative strength, it outperformed 90.97% 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) | 72.76 | OVERBOUGHT | The high RSI value suggests CVU may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CVU has a positive trend. |
| Stochastics (14,3) | 87.49 | OVERBOUGHT | The high Stochastics value suggests CVU may be overbought. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for CVU suggests high volalility. |
| Average Directional Index/ADX (14) | 65.99 | POSITIVE | The high ADX value value for CVU suggests a strong trend. |
4.4
-0.08 (-1.79%)
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 72.7648. This indicates that the stock is currently overbought.
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 3.94. Check the full technical report for our detailed analysis of CVU support and resistance levels.