CORVEL CORP (CRVL) Stock Technical Analysis
NASDAQ:CRVL - Nasdaq - US2210061097 - Common Stock - Currency: USD
Overall CRVL gets a technical rating of 4 out of 10. CRVL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month CRVL has a been trading in the 108.48 - 128.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that CRVL is one of the better performing stocks in the market, outperforming 72% of all stocks. However, CRVL's most recent performance is quite weak.
CRVL is an average performer in the Health Care Providers & Services industry, it outperforms 64% of 108 stocks in the same industry.
CRVL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRVL is lagging the market.
CRVL has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
94.24
120.66
4 important support areas can be observed.
- Support @106.66 from a horizontal line in the daily time frame.
- Support @102.99 from a trend line in the daily time frame.
- A support zone ranging from 99.27 to 100.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @95.19 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @109.19 from a trend line in the weekly time frame.
- Resistance @119.47 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
CRS72.27
Mansfield0.24
10 Day High123.81
10 Day Low108.48
20 Day High128.61
20 Day Low108.48
52 Week High128.61
52 Week Low76.2
Performance
1 Week-8.89%
2 Weeks-11.58%
1 Month-5.74%
3 Month-12.1%
6 Month3.51%
12 Month28.34%
2 Year80.62%
3 Year104.72%
5 Year372.32%
10 Year819.05%
15 Year1922.49%
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)-0.97
RSI(14)38.88
LBB109.31
UBB127.54
108.54
-5.73 (-5.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-5.01%
1 Week-8.89%
2 Weeks-11.58%
1 Month-5.74%
3 Month-12.1%
6 Month3.51%
12 Month28.34%
2 Year80.62%
3 Year104.72%
5 Year372.32%
10 Year819.05%
15 Year1922.49%
Volatility
ATR(14)4.91
ATR(20)%4%
ATR Inc35.16%
Range Today6.71
ADR(20)4.29
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.27
Mansfield0.24
10 Day High123.81
10 Day Low108.48
20 Day High128.61
20 Day Low108.48
52 Week High128.61
52 Week Low76.2
CS1 End106.66
CR1 Start109.19
Volume & EV
DER(3)-2.99%
DER(5)-1.93%
Volume109.30K
Volume Incr-6.33%
Vol(5)97.78K
Vol(50)91.28K