COVIVIO (COV.PA)

FR0000064578 - REIT

55.15  -1.3 (-2.3%)

Technical Rating and Analysis

10

Taking everything into account, COV scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, COV is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that COV is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by COV over the past year are nicely spread over this period.
COV is one of the better performing stocks in the Diversified REITs industry, it outperforms 90% of 44 stocks in the same industry.
COV 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 COV has a been trading in a tight range between 53.80 and 56.85.
Weekly and Daily overview Charts
COV Weekly chart
COV Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, COV also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 55.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 55.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for COV 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

43.03

57.02

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 53.99 to 55.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 48.50 to 48.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 45.86 to 46.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 43.46 to 43.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 55.81 to 56.46. This zone is formed by a combination of multiple trend lines 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
CRS94.44
Mansfield0.31
10 Day High56.85
10 Day Low54.05
20 Day High56.85
20 Day Low53.8
52 Week High56.85
52 Week Low36.26
Performance
1 Week1.66%
2 Weeks2.13%
1 Month-1.43%
3 Month20.47%
6 Month26.9%
12 Month45.44%
2 Year1.75%
3 Year-26.27%
5 Year-45.66%
10 Year-24.76%
15 Year-26.52%
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)-0.12
RSI(14)53.77
LBB53.68
UBB56.16
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
56.4754.042.43 (4.30%)23.24%
An entry @56.47. This is a Buy Stop order right above the resistance zone.An exit @54.04. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 2.43 points, which is 4.30%.For a 1.00% total portfolio risk, you can invest 23.24% 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.
COV Daily chart

COVIVIO

EPA:COV (10/17/2024, 7:00:00 PM)

55.15

-1.3 (-2.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.3%
1 Week1.66%
2 Weeks2.13%
1 Month-1.43%
3 Month20.47%
6 Month26.9%
12 Month45.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.2
ATR(20)%2.04%
ATR Inc
Range Today1.65
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 High56.85
10 Day Low54.05
20 Day High56.85
20 Day Low53.8
52 Week High56.85
52 Week Low36.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume101.47K
Volume Incr-33.21%
Vol(5)78.44K
Vol(50)111.34K