CIVEO CORP (CVEO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CVEO - CA17878Y2078 - Common Stock
Taking everything into account, CVEO scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CVEO was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, CVEO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 22.62, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.69
4 important support areas can be observed.
- A support zone ranging from 21.85 to 22.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.78 from a horizontal line in the daily time frame.
- A support zone ranging from 20.24 to 20.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.89 to 19.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @23.23 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.23 to 24.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.99 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CVEO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVEO is up. |
| ChartMill Relative Strength | 39.88 | NEUTRAL | CVEO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.47 | NEUTRAL | The RSI value for CVEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CVEO has a positive trend. |
| Stochastics (14,3) | 83.95 | OVERBOUGHT | The high Stochastics value suggests CVEO may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for CVEO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.14 | NEGATIVE | The low ADX value for CVEO suggests a weak or negative trend. |
NYSE:CVEO (12/15/2025, 11:58:19 AM)
22.74
+0.02 (+0.09%)
CIVEO CORP / CVEO FAQ
Can you provide the ChartMill technical rating for CIVEO CORP?
ChartMill assigns a technical rating of 4 / 10 to CVEO.
Can you provide the trend direction for CIVEO CORP?
The current trend direction for CIVEO CORP (CVEO) is Bearish.
What is the RSI signal for CIVEO CORP (CVEO) stock?
CIVEO CORP (CVEO) has an RSI value of 58.4687. This indicates that the stock is currently neutral.
Can you provide the MACD signal for CIVEO CORP?
The MACD indicator for CIVEO CORP (CVEO) has a value of 0.0887398, indicating a bearish trend.
What are the support and resistance levels for CIVEO CORP (CVEO) stock?
CIVEO CORP (CVEO) has a support level at 22.62 and a resistance level at 23.23. Check the full technical report for our detailed analysis of CVEO support and resistance levels.