Convey Health Solutions Holdings Inc (CNVY)

US21258C1080 - Common Stock

10.51  -0.05 (-0.47%)

After market: 10.51 0 (0%)

Technical Rating and Analysis

7

Overall CNVY gets a technical rating of 7 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, CNVY is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
CNVY is one of the better performing stocks in the Health Care Technology industry, it outperforms 94% of 37 stocks in the same industry.
CNVY 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.
When comparing the yearly performance of all stocks, we notice that CNVY is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CNVY has a been trading in a tight range between 10.43 and 10.73.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CNVY Weekly chart
CNVY Daily chart
Setup Rating and Analysis

8

CNVY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CNVY 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.
Support and Resistance Analysis

10.34

10.69

We found 1 important support area.

  • A support zone ranging from 10.44 to 10.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 10.53 to 10.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS94.07
Mansfield5.38
10 Day High10.61
10 Day Low10.48
20 Day High10.73
20 Day Low10.43
52 Week High10.73
52 Week Low3.75
Performance
1 Week-0.1%
2 Weeks-0.1%
1 Month-0.1%
3 Month0.48%
6 Month60.46%
12 Month29.91%
2 YearN/A
3 YearN/A
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)-0.01
RSI(14)51.77
LBB10.48
UBB10.57
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
10.5910.470.13 (1.18%)25.00%
An entry @10.59. This is a Buy Stop order right above the resistance zone.An exit @10.46. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.13 points, which is 1.18%.For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
CNVY Daily chart

Convey Health Solutions Holdings Inc

NYSE:CNVY (10/6/2022, 8:04:00 PM)

After market: 10.51 0 (0%)

10.51

-0.05 (-0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.47%
1 Week-0.1%
2 Weeks-0.1%
1 Month-0.1%
3 Month0.48%
6 Month60.46%
12 Month29.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%0.64%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.61
10 Day Low10.48
20 Day High10.73
20 Day Low10.43
52 Week High10.73
52 Week Low3.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.74M
Volume Incr168.65%
Vol(5)518.68K
Vol(50)205.09K