CEMATRIX CORP (CVX.CA) Stock Technical Analysis
TSX-V:CVX • CA15120R1038
Overall CVX gets a technical rating of 1 out of 10. CVX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 73% of all other stocks performed better in the past year than CVX.
- CVX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CVX has a been trading in the 0.23 - 0.32 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CVX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.24
We found 1 important support area.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for CVX.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVX.CA is neutral. |
| ChartMill Relative Strength | 27.63 | NEGATIVE | CVX.CA has a low relative strength, it was outperformed by 72.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CVX.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.75 | NEUTRAL | The RSI value for CVX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CVX.CA has a positive trend. |
| Stochastics (14,3) | 77.56 | NEUTRAL | The Stochastics value for CVX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.36 | HIGH VOLATILITY | The high ATR as a percentage value for CVX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.78 | NEGATIVE | The low ADX value for CVX.CA suggests a weak or negative trend. |
TSX-V:CVX (11/22/2024, 7:00:00 PM)
0.31
+0.03 (+10.71%)
CEMATRIX CORP / CVX.CA FAQ
What is the technical rating for CVX stock?
ChartMill assigns a technical rating of 1 / 10 to CVX.CA.
What is the trend direction for CVX stock?
The current trend direction for CEMATRIX CORP (CVX.CA) is Bearish.
What is the RSI signal for CVX stock?
CEMATRIX CORP (CVX.CA) has an RSI value of 66.7527. This indicates that the stock is currently neutral.
What is the MACD signal for CEMATRIX CORP (CVX.CA) stock?
The MACD indicator for CEMATRIX CORP (CVX.CA) has a value of 0.00555575, indicating a bearish trend.