CVD EQUIPMENT CORP (CVV) Stock Technical Analysis
USA - NASDAQ:CVV - US1266011030 - Common Stock
We assign a technical rating of 9 out of 10 to CVV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVV is showing a nice and steady performance.
Besides having an excellent technical rating, CVV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
2.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.90 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.39 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.86 to 2.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.04 from a horizontal line in the weekly time frame.
- Resistance @4.36 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 CVV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVV is up. |
| ChartMill Relative Strength | 78.86 | POSITIVE | CVV has a high relative strength, it outperformed 78.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CVV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.16 | NEUTRAL | The RSI value for CVV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CVV has a negative trend. |
| Stochastics (14,3) | 45.41 | NEUTRAL | The Stochastics value for CVV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.05 | HIGH VOLATILITY | The high ATR as a percentage value for CVV suggests high volalility. |
| Average Directional Index/ADX (14) | 33.94 | POSITIVE | The high ADX value value for CVV suggests a strong trend. |
3.91
-0.06 (-1.51%)
CVD EQUIPMENT CORP / CVV FAQ
Can you provide the ChartMill technical rating for CVD EQUIPMENT CORP?
ChartMill assigns a technical rating of 9 / 10 to CVV.
What is the trend direction for CVV stock?
The current trend direction for CVD EQUIPMENT CORP (CVV) is Bullish.
What is the RSI signal for CVD EQUIPMENT CORP (CVV) stock?
CVD EQUIPMENT CORP (CVV) has an RSI value of 52.1641. 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 -0.0316867, 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 buy as both the short term and long term trends are positive.