MADISON COVERED CALL ETF (CVRD) Stock Technical Analysis
NYSEARCA:CVRD - NYSE Arca - US5574414091 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to CVRD. CVRD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CVRD is a bad performer in the overall market: 72% of all stocks are doing better.
CVRD is currently trading near the lower end of its 52 week range, which is not a good sign. CVRD is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: CVRD has an average volume of 7150 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CVRD has a been trading in a tight range between 18.14 and 18.91.
Considerably lower volume is observed in the last couple of days.
CVRD has a poor technical rating and the quality of the setup is also not perfect 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
17.97
20.23
We found 1 important support area.
- A support zone ranging from 18.15 to 18.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.40 to 20.03. 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
CRS28.3
Mansfield-0.81
10 Day High18.8
10 Day Low18.14
20 Day High18.91
20 Day Low18.14
52 Week High21.22
52 Week Low18.14
Performance
1 Week-0.87%
2 Weeks-1.98%
1 Month-1.71%
3 Month-6.98%
6 Month-4.31%
12 Month-12.62%
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)-0.02
RSI(14)41.23
LBB18.04
UBB18.98
NYSEARCA:CVRD (3/7/2025, 8:16:49 PM)
18.3277
+0.11 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.58%
1 Week-0.87%
2 Weeks-1.98%
1 Month-1.71%
3 Month-6.98%
6 Month-4.31%
12 Month-12.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.67%
ATR Inc-11.26%
Range Today0.07
ADR(20)0.06
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.3
Mansfield-0.81
10 Day High18.8
10 Day Low18.14
20 Day High18.91
20 Day Low18.14
52 Week High21.22
52 Week Low18.14
CS1 End18.32
CR1 Start18.4
Volume & EV
DER(3)0%
DER(5)0%
Volume800
Volume Incr-90.97%
Vol(5)900
Vol(50)7.15K