Covance Inc. (CVD) Stock Technical Analysis
NYSE:CVD - New York Stock Exchange, Inc. - US2228161004
Overall CVD gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CVD is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
A new 52 week high is currently being made by CVD, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so CVD is leading the market.
When comparing the performance of all stocks over the past year, CVD turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
In the last month CVD has a been trading in a tight range between 105.57 and 107.39.
Volume is considerably higher in the last couple of days.
CVD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 106.41, a Stop Loss order could be placed below this zone.
More info and screens
78.96
108.42
When analyzing the support we can see 3 important areas.
- A support zone ranging from 103.51 to 106.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @82.67 from a trend line in the weekly time frame.
- Support @79.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 106.51 to 107.35. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS60.23
Mansfield0.73
10 Day High107.39
10 Day Low105.82
20 Day High107.39
20 Day Low105.57
52 Week High107.39
52 Week Low73.57
Performance
1 Week-0.05%
2 Weeks-0.28%
1 Month-0.14%
3 Month5.56%
6 Month26.74%
12 Month3.54%
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)-0.13
RSI(14)53.72
LBB105.95
UBB107.29
106.42
-0.71 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.66%
1 Week-0.05%
2 Weeks-0.28%
1 Month-0.14%
3 Month5.56%
6 Month26.74%
12 Month3.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%0.62%
ATR Inc47.79%
Range Today0.97
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
CRS60.23
Mansfield0.73
10 Day High107.39
10 Day Low105.82
20 Day High107.39
20 Day Low105.57
52 Week High107.39
52 Week Low73.57
CS1 End106.41
CR1 Start106.51
Volume & EV
DER(3)-2.25%
DER(5)-1.15%
Volume13.92M
Volume Incr420.51%
Vol(5)3.24M
Vol(50)941.83K