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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
69% of all other stocks performed better in the past year than CVRD.
Warning: CVRD has an average volume of 6380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
CVRD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month CVRD has a been trading in the 15.61 - 17.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, CVRD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.73, a Stop Loss order could be placed below this zone.
More info and screens
16.42
20.23
We found 1 important support area.
- A support zone ranging from 16.59 to 16.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- Resistance @18.14 from a trend line in the daily time frame.
- Resistance @18.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.99 to 19.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.03 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.18
Mansfield-0.77
10 Day High17.14
10 Day Low16.26
20 Day High17.74
20 Day Low15.61
52 Week High20.06
52 Week Low15.61
Performance
1 Week3.47%
2 Weeks5.11%
1 Month-4.49%
3 Month-10.32%
6 Month-12.36%
12 Month-12.24%
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)0.12
RSI(14)50.56
LBB15.73
UBB17.31
NYSEARCA:CVRD (4/28/2025, 11:47:28 AM)
16.995
-0.09 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.52%
1 Week3.47%
2 Weeks5.11%
1 Month-4.49%
3 Month-10.32%
6 Month-12.36%
12 Month-12.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%2.24%
ATR Inc-63.19%
Range Today0.09
ADR(20)0.16
ADR(20)%0.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.18
Mansfield-0.77
10 Day High17.14
10 Day Low16.26
20 Day High17.74
20 Day Low15.61
52 Week High20.06
52 Week Low15.61
CS1 End16.73
CR1 Start18.14
Volume & EV
DER(3)0%
DER(5)0%
Volume1.23K
Volume Incr51.46%
Vol(5)12.48K
Vol(50)6.38K