NYSEARCA:CWVX - NYSE Arca - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to CWVX. CWVX 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 CWVX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
21.41
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 CWVX is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CWVX is up. |
ChartMill Relative Strength | 0 | NEGATIVE | CWVX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Relative Strength Index/RSI (14) | 45.53 | NEUTRAL | The RSI value for CWVX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.15 | POSITIVE | The MACD value suggests CWVX has a positive trend, although the MACD value is declining. |
Average Directional Index/ADX (14) | 16.13 | NEGATIVE | The low ADX value for CWVX suggests a weak or negative trend. |
21.63
+1.49 (+7.4%)