CORTEVA INC (CTVA)

US22052L1044 - Common Stock

57.48  +1.32 (+2.35%)

After market: 57.48 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, CTVA scores 3 out of 10 in our technical rating. Although CTVA is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month CTVA has a been trading in the 56.16 - 64.20 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that CTVA is one of the better performing stocks in the market, outperforming 73% of all stocks.
CTVA is one of the better performing stocks in the Chemicals industry, it outperforms 89% of 83 stocks in the same industry.
CTVA has an average volume of 3594440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
CTVA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CTVA is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CTVA Weekly chart
CTVA Daily chart
Setup Rating and Analysis

3

The technical rating of CTVA is bad and it also does not present a 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.

Support and Resistance Analysis

50.20

62.87

3 important support areas can be observed.

  • A support zone ranging from 56.50 to 56.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 55.11 to 55.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 50.71 to 51.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 57.68 to 58.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 62.13 to 62.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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
CRS73.21
Mansfield-0.48
10 Day High60.82
10 Day Low56.16
20 Day High64.2
20 Day Low56.16
52 Week High64.2
52 Week Low44.01
Performance
1 Week-3.38%
2 Weeks-3.38%
1 Month-5.4%
3 Month-0.17%
6 Month8.62%
12 Month21.11%
2 Year-2.21%
3 Year21.57%
5 Year94.45%
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)-0.48
RSI(14)41.04
LBB56.01
UBB62.38
CTVA Daily chart

CORTEVA INC

NYSE:CTVA (12/20/2024, 8:04:23 PM)

After market: 57.48 0 (0%)

57.48

+1.32 (+2.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.35%
1 Week-3.38%
2 Weeks-3.38%
1 Month-5.4%
3 Month-0.17%
6 Month8.62%
12 Month21.11%
2 Year-2.21%
3 Year21.57%
5 Year94.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.29
ATR(20)%2.39%
ATR Inc-0.96%
Range Today1.59
ADR(20)1.31
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.21
Mansfield-0.48
10 Day High60.82
10 Day Low56.16
20 Day High64.2
20 Day Low56.16
52 Week High64.2
52 Week Low44.01
CS1 End56.71
CR1 Start57.68
Volume & EV
DER(3)-1%
DER(5)-1.54%
Volume11.01M
Volume Incr50.48%
Vol(5)5.63M
Vol(50)3.59M