NASDAQ:CVBF - Nasdaq - US1266001056 - Common Stock - Currency: USD
Taking everything into account, CVBF scores 1 out of 10 in our technical rating. CVBF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, CVBF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.43, a Stop Loss order could be placed below this zone.
15.47
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
17.7
+0.23 (+1.32%)