CEVA INC (CEVA) Stock Technical Analysis
NASDAQ:CEVA - Nasdaq - US1572101053 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to CEVA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CEVA has a been trading in the 30.39 - 38.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
CEVA is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 88% of 108 stocks in the same industry.
Looking at the yearly performance, CEVA did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CEVA is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, CEVA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 32.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CEVA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.88
35.03
When analyzing the support we can see 4 important areas.
- A support zone ranging from 32.25 to 32.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.51 to 31.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @30.92 from a horizontal line in the daily time frame.
- Support @17.05 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.17 to 33.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @34.68 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.46
Mansfield2.61
10 Day High38.94
10 Day Low30.39
20 Day High38.94
20 Day Low30.39
52 Week High38.94
52 Week Low16.02
Performance
1 Week-5.34%
2 Weeks-5.97%
1 Month-4.98%
3 Month2.46%
6 Month40.88%
12 Month33.4%
2 Year6.57%
3 Year-20.22%
5 Year30.08%
10 Year52.11%
15 Year178.13%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.33
RSI(14)47.05
LBB30.5
UBB37.84
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.88 | 32.24 | 1.64 (4.84%) | 20.66% |
| An entry @33.88. This is a Buy Stop order right above the resistance zone. | An exit @32.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.64 points, which is 4.84%. | For a 1.00% total portfolio risk, you can invest 20.66% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CEVA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
32.43
+0.21 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.65%
1 Week-5.34%
2 Weeks-5.97%
1 Month-4.98%
3 Month2.46%
6 Month40.88%
12 Month33.4%
2 Year6.57%
3 Year-20.22%
5 Year30.08%
10 Year52.11%
15 Year178.13%
Volatility
ATR(14)2.55
ATR(20)%7.41%
ATR Inc-27.6%
Range Today2.54
ADR(20)2.25
ADR(20)%6.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.46
Mansfield2.61
10 Day High38.94
10 Day Low30.39
20 Day High38.94
20 Day Low30.39
52 Week High38.94
52 Week Low16.02
CS1 End32.42
CR1 Start33.17
Volume & EV
DER(3)4.14%
DER(5)2.1%
Volume231.20K
Volume Incr-18.43%
Vol(5)281.66K
Vol(50)307.73K