Taking everything into account, CVV scores 0 out of 10 in our technical rating. CVV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of CVV 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
2.73
We found 3 important support areas.
- Support @2.95 from a trend line in the weekly time frame.
- Support @2.81 from a horizontal line in the daily time frame.
- Support @2.76 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.19 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.53 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.81 from a trend 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 | DOWN | NEGATIVE | The long term trend for CVV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVV is down. |
| ChartMill Relative Strength | 17.21 | NEGATIVE | CVV has a low relative strength, it was outperformed by 82.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.54 | NEUTRAL | The RSI value for CVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests CVV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.28 | OVERSOLD | The low Stochastics value suggests CVV may be oversold. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for CVV suggests high volalility. |
| Average Directional Index/ADX (14) | 13.65 | NEGATIVE | The low ADX value for CVV suggests a weak or negative trend. |
2.98
-0.03 (-1%)
CVD EQUIPMENT CORP / CVV FAQ
Can you provide the ChartMill technical rating for CVD EQUIPMENT CORP?
ChartMill assigns a technical rating of 0 / 10 to CVV.
What is the trend direction for CVV stock?
The current trend direction for CVD EQUIPMENT CORP (CVV) is Bearish.
What is the RSI signal for CVD EQUIPMENT CORP (CVV) stock?
CVD EQUIPMENT CORP (CVV) has an RSI value of 34.5367. This indicates that the stock is currently neutral.
What is the MACD signal for CVD EQUIPMENT CORP (CVV) stock?
The MACD indicator for CVD EQUIPMENT CORP (CVV) has a value of -0.0209284, indicating a bearish trend.
Can you provide the buy/sell signal for CVD EQUIPMENT CORP?
The buy/sell signal for CVD EQUIPMENT CORP (CVV) is sell as both the short term and long term trends are negative.