CLOVER HEALTH INVESTMENTS CO (CLOV) Stock Technical Analysis
NASDAQ:CLOV - Nasdaq - US18914F1030 - Common Stock - Currency: USD
Overall CLOV gets a technical rating of 8 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CLOV is one of the better performing stocks in the market, outperforming 98% of all stocks.
CLOV is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 96% of 108 stocks in the same industry.
CLOV is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CLOV is lagging the market slightly.
In the last month CLOV has a been trading in the 4.05 - 4.87 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CLOV has an average volume of 5673030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CLOV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 4.31, a Stop Loss order could be placed below this zone.
More info and screens
3.01
4.44
We found 4 important support areas.
- A support zone ranging from 4.30 to 4.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.67 from a trend line in the daily time frame.
- Support @3.32 from a trend line in the daily time frame.
- Support @3.04 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.9
Mansfield7.44
10 Day High4.8
10 Day Low4.22
20 Day High4.87
20 Day Low4.05
52 Week High4.87
52 Week Low0.61
Performance
1 Week-3.08%
2 Weeks-0.9%
1 Month-5.98%
3 Month30.56%
6 Month31.74%
12 Month387.37%
2 Year233.33%
3 Year61.76%
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.04
RSI(14)54.2
LBB4.28
UBB4.63
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 |
|---|---|---|---|
| 4.46 | 4.29 | 0.17 (3.73%) | 25.00% |
| An entry @4.46. This is a Buy Stop order right above the 10 day moving average. | An exit @4.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.17 points, which is 3.73%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CLOV. 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.
4.4
-0.09 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2%
1 Week-3.08%
2 Weeks-0.9%
1 Month-5.98%
3 Month30.56%
6 Month31.74%
12 Month387.37%
2 Year233.33%
3 Year61.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.5%
ATR Inc63.41%
Range Today0.3
ADR(20)0.24
ADR(20)%5.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.9
Mansfield7.44
10 Day High4.8
10 Day Low4.22
20 Day High4.87
20 Day Low4.05
52 Week High4.87
52 Week Low0.61
CS1 End4.31
CR1 StartN/A
Volume & EV
DER(3)-6.51%
DER(5)-5.31%
Volume7.77M
Volume Incr-18.25%
Vol(5)5.05M
Vol(50)5.67M