Covanta Holding Corporation (CVA) Stock Technical Analysis
NYSE:CVA - New York Stock Exchange, Inc. - Common Stock
Taking everything into account, CVA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, CVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CVA is one of the better performing stocks in the market, outperforming 85% of all stocks.
CVA is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. CVA outperforms 87% of them.
CVA is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CVA has an average volume of 1065690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CVA has a been trading in a tight range between 20.13 and 20.26.
Volume is considerably higher in the last couple of days.
CVA has an excellent technical rating, but the quality of the setup is only medium 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
19.62
20.47
We found 1 important support area.
- A support zone ranging from 19.82 to 20.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.27 to 20.27. 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
CRS85.6
Mansfield0.87
10 Day High20.26
10 Day Low20.22
20 Day High20.26
20 Day Low20.13
52 Week High20.26
52 Week Low12.48
Performance
1 Week0.15%
2 Weeks0.15%
1 Month0.4%
3 Month0.95%
6 Month35.97%
12 Month53.25%
2 YearN/A
3 YearN/A
5 YearN/A
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
RSI(14)63.17
LBB20.22
UBB20.26
20.26
+0.02 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.1%
1 Week0.15%
2 Weeks0.15%
1 Month0.4%
3 Month0.95%
6 Month35.97%
12 Month53.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.12%
ATR Inc32.07%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.6
Mansfield0.87
10 Day High20.26
10 Day Low20.22
20 Day High20.26
20 Day Low20.13
52 Week High20.26
52 Week Low12.48
CS1 End20.24
CR1 Start20.27
Volume & EV
DER(3)-1.33%
DER(5)-1.79%
Volume6.69M
Volume Incr171.64%
Vol(5)2.45M
Vol(50)1.07M