CORVEX INC (MOVE) Technical Analysis
NASDAQ:MOVE • US62459M3051
Current stock price
MOVE Technical Rating and Analysis
Overall MOVE gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MOVE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- MOVE is part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry. MOVE outperforms 83% of them.
- In the last month MOVE has a been trading in the 7.52 - 18.90 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that MOVE is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- MOVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOVE is lagging the market.
- Considerably lower volume is observed in the last couple of days.
MOVE Weekly and Daily overview Charts
MOVE Setup Rating and Analysis
Although MOVE has an excellent technical rating, it does not present a decent entry opportunity 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
MOVE Support and Resistance Analysis
7.35
4 important support areas can be observed.
- Support @8.48 from a trend line in the daily time frame.
- Support @7.91 from a trend line in the weekly time frame.
- Support @7.70 from a trend line in the daily time frame.
- Support @7.42 from a horizontal line in the daily time frame.
MOVE Technical Indicator Signal Analysis
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 MOVE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MOVE is up. |
| ChartMill Relative Strength | 93.28 | POSITIVE | MOVE has a high relative strength, it outperformed 93.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MOVE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOVE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.72 | NEUTRAL | The RSI value for MOVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests MOVE has a negative trend. |
| Stochastics (14,3) | 53.22 | NEUTRAL | The Stochastics value for MOVE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.09 | HIGH VOLATILITY | The high ATR as a percentage value for MOVE suggests high volalility. |
| Average Directional Index/ADX (14) | 42.9 | POSITIVE | The high ADX value value for MOVE suggests a strong trend. |
MOVE Chart- and CandleStick Pattern Analysis
MOVE Technicals: Chart, Performance Metrics, Trend & Indicators
14.71
-1.19 (-7.48%)
CORVEX INC / MOVE TA FAQ
What is the technical rating for MOVE stock?
ChartMill assigns a technical rating of 9 / 10 to MOVE.
What is the current trend direction of CORVEX INC (MOVE) stock?
The current trend direction for CORVEX INC (MOVE) is Bullish.
What is the RSI signal for CORVEX INC (MOVE) stock?
CORVEX INC (MOVE) has an RSI value of 51.721. This indicates that the stock is currently neutral.
What is the MACD signal for MOVE stock?
The MACD indicator for CORVEX INC (MOVE) has a value of -0.201218, indicating a bearish trend.
Can you provide the short term momentum for CORVEX INC?
The short term momentum for CORVEX INC (MOVE) is positive.