CEVA INC (CEVA)

US1572101053 - Common Stock

32.27  +0.45 (+1.41%)

After market: 32.27 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CEVA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CEVA is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CEVA did better than 91% of all other stocks.
CEVA is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. CEVA outperforms 85% of them.
CEVA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CEVA has a been trading in the 28.48 - 33.44 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CEVA Weekly chart
CEVA Daily chart
Setup Rating and Analysis

8

CEVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 31.99, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.88

32.97

We found 5 important support areas.

  • A support zone ranging from 30.92 to 31.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 27.55 to 28.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @23.88 from a horizontal line in the daily time frame.
  • Support @23.03 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 one important area.

  • Resistance @32.64 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.17
Mansfield2.69
10 Day High33.44
10 Day Low30.17
20 Day High33.44
20 Day Low28.48
52 Week High33.44
52 Week Low16.02
Performance
1 Week0.16%
2 Weeks3.3%
1 Month6.61%
3 Month32.53%
6 Month67.29%
12 Month42.1%
2 Year26.15%
3 Year-25.37%
5 Year19.7%
10 Year77.89%
15 Year150.93%
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)-0.19
RSI(14)61.53
LBB30.1
UBB33.37
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
32.6530.911.74 (5.33%)18.76%
An entry @32.65. This is a Buy Stop order right above the resistance zone.An exit @30.91. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.74 points, which is 5.33%.When investing 18.76% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
CEVA Daily chart

CEVA INC

NASDAQ:CEVA (12/24/2024, 8:02:35 PM)

After market: 32.27 0 (0%)

32.27

+0.45 (+1.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.41%
1 Week0.16%
2 Weeks3.3%
1 Month6.61%
3 Month32.53%
6 Month67.29%
12 Month42.1%
2 Year26.15%
3 Year-25.37%
5 Year19.7%
10 Year77.89%
15 Year150.93%
Volatility
ATR(14)1.32
ATR(20)%3.88%
ATR Inc-47.61%
Range Today0.54
ADR(20)1.23
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.17
Mansfield2.69
10 Day High33.44
10 Day Low30.17
20 Day High33.44
20 Day Low28.48
52 Week High33.44
52 Week Low16.02
CS1 End31.99
CR1 Start32.64
Volume & EV
DER(3)0.23%
DER(5)-1.63%
Volume127.70K
Volume Incr17.99%
Vol(5)287.48K
Vol(50)196.41K