CORTEVA INC (CTVA) Stock Technical Analysis
NYSE:CTVA - New York Stock Exchange, Inc. - US22052L1044 - Common Stock - Currency: USD
Overall CTVA gets a technical rating of 7 out of 10. In the last year, CTVA was one of the better performers, but we do observe some doubts in the very recent evolution.
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 CTVA is one of the better performing stocks in the market, outperforming 72% of all stocks.
CTVA is part of the Chemicals industry. There are 85 other stocks in this industry. CTVA outperforms 80% of them.
CTVA 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 CTVA is lagging the market slightly.
CTVA has an average volume of 3525270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CTVA has a been trading in the 60.92 - 66.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CTVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for CTVA 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.
More info and screens
54.56
63.39
We found 1 important support area.
- A support zone ranging from 55.11 to 57.54. 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
CRS72.85
Mansfield0.24
10 Day High64.83
10 Day Low61.83
20 Day High66.24
20 Day Low60.92
52 Week High66.24
52 Week Low50.01
Performance
1 Week-0.16%
2 Weeks0.64%
1 Month-2.23%
3 Month2.5%
6 Month12.92%
12 Month14.32%
2 Year0.75%
3 Year20.62%
5 Year130.74%
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)-0.22
RSI(14)50.07
LBB61.33
UBB65.46
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 |
|---|---|---|---|
| 64.84 | 61.82 | 3.02 (4.66%) | 21.47% |
| An entry @64.84. This is a Buy Stop order right above the 10 day high. | An exit @61.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.02 points, which is 4.66%. | For a 1.00% total portfolio risk, you can invest 21.47% 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.
62.76
-1.07 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.68%
1 Week-0.16%
2 Weeks0.64%
1 Month-2.23%
3 Month2.5%
6 Month12.92%
12 Month14.32%
2 Year0.75%
3 Year20.62%
5 Year130.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.62
ATR(20)%2.32%
ATR Inc-38.2%
Range Today1.2
ADR(20)1.36
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.85
Mansfield0.24
10 Day High64.83
10 Day Low61.83
20 Day High66.24
20 Day Low60.92
52 Week High66.24
52 Week Low50.01
CS1 End57.54
CR1 StartN/A
Volume & EV
DER(3)3.07%
DER(5)1.62%
Volume2.48M
Volume Incr-27.1%
Vol(5)2.89M
Vol(50)3.53M