We assign a technical rating of 6 out of 10 to CVU. CVU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
CVU 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.
More info and screens
2.85
3 important resistance areas can be observed.
- A resistance zone ranging from 2.89 to 2.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.29 from a trend line in the daily time frame.
- Resistance @3.52 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 | NEUTRAL | NEUTRAL | The long term trend for CVU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVU is up. |
| ChartMill Relative Strength | 47.89 | NEUTRAL | CVU is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of CVU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.73 | NEUTRAL | The RSI value for CVU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CVU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.81 | OVERBOUGHT | The high Stochastics value suggests CVU may be overbought. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for CVU suggests high volalility. |
| Average Directional Index/ADX (14) | 48.02 | POSITIVE | The high ADX value value for CVU suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.90 | 2.54 | 0.36 (12.41%) | 8.06% |
| An entry @2.90. This is a Buy Stop order right above the resistance zone. | An exit @2.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 12.41%. | When investing 8.06% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
2.88
+0.03 (+1.05%)
CPI AEROSTRUCTURES INC / CVU FAQ
What is the ChartMill technical rating of CPI AEROSTRUCTURES INC (CVU) stock?
ChartMill assigns a technical rating of 6 / 10 to CVU.
What is the current trend direction of CPI AEROSTRUCTURES INC (CVU) stock?
The current trend direction for CPI AEROSTRUCTURES INC (CVU) is Bearish.
What is the RSI signal for CVU stock?
CPI AEROSTRUCTURES INC (CVU) has an RSI value of 63.7257. 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.
What are the support and resistance levels for CPI AEROSTRUCTURES INC (CVU) stock?
CPI AEROSTRUCTURES INC (CVU) has a resistance level at 2.89. Check the full technical report for our detailed analysis of CVU support and resistance levels.