CORVEL CORP (CRVL)
US2210061097 - Common Stock
We assign a technical rating of 10 out of 10 to CRVL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRVL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CRVL did better than 89% of all other stocks. On top of that, CRVL also shows a nice and consistent pattern of rising prices.
CRVL is part of the Health Care Providers & Services industry. There are 113 other stocks in this industry. CRVL outperforms 86% of them.
CRVL 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.
CRVL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CRVL 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 a resistance zone just above the current price starting at 360.20. Right above this resistance zone may be a good entry point.
More info and screens
230.62
365.95
When analyzing the support we can see 6 important areas.
- A support zone ranging from 344.73 to 344.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 319.99 to 323.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 307.60 to 311.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @300.17 from a horizontal line in the daily time frame.
- Support @267.63 from a trend line in the weekly time frame.
- A support zone ranging from 232.95 to 233.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 360.20 to 362.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.9
Mansfield1.89
10 Day High367.84
10 Day Low340.65
20 Day High367.84
20 Day Low297.8
52 Week High367.84
52 Week Low203.9
Performance
1 Week3.9%
2 Weeks2%
1 Month18.44%
3 Month14.5%
6 Month30.22%
12 Month68.47%
2 Year135.46%
3 Year91.59%
5 Year336.54%
10 Year939.21%
15 Year2310.1%
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)1.76
RSI(14)66.6
LBB313.88
UBB383.02
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 |
|---|---|---|---|
| 362.34 | 344.72 | 17.62 (4.86%) | 20.56% |
| An entry @362.34. This is a Buy Stop order right above the resistance zone. | An exit @344.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 17.62 points, which is 4.86%. | When investing 20.56% 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 CRVL. 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.
CORVEL CORP
NASDAQ:CRVL (11/21/2024, 8:21:06 PM)
After market: 360.19 0 (0%)360.19
+4.96 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.4%
1 Week3.9%
2 Weeks2%
1 Month18.44%
3 Month14.5%
6 Month30.22%
12 Month68.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)13.16
ATR(20)%3.12%
ATR Inc
Range Today6.5
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 High367.84
10 Day Low340.65
20 Day High367.84
20 Day Low297.8
52 Week High367.84
52 Week Low203.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume37.00K
Volume Incr2.34%
Vol(5)34.48K
Vol(50)36.54K