CVENT HOLDING CORP (CVT) Stock Technical Analysis
NASDAQ:CVT - Nasdaq - US1266771039 - Common Stock - Currency: USD
Taking everything into account, CVT scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CVT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
CVT is one of the better performing stocks in the Software industry, it outperforms 79% of 283 stocks in the same industry.
CVT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
CVT has an average volume of 2281660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CVT did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CVT has a been trading in a tight range between 8.46 and 8.54.
Volume is considerably higher in the last couple of days.
CVT has an excellent technical rating, but the quality of the setup is only medium 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
5.05
8.62
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.27 to 8.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.17 from a trend line in the weekly time frame.
- Support @5.33 from a trend line in the daily time frame.
- Support @5.10 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.53 to 8.53. This zone is formed by a combination of multiple trend lines 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
CRS91.56
Mansfield1.81
10 Day High8.54
10 Day Low8.48
20 Day High8.54
20 Day Low8.46
52 Week High8.54
52 Week Low4.23
Performance
1 Week0.47%
2 Weeks0.35%
1 Month0.71%
3 Month2.16%
6 Month57.49%
12 Month58.66%
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
RSI(14)68.55
LBB8.47
UBB8.52
8.52
+0.02 (+0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.24%
1 Week0.47%
2 Weeks0.35%
1 Month0.71%
3 Month2.16%
6 Month57.49%
12 Month58.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.21%
ATR Inc60.13%
Range Today0.04
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
CRS91.56
Mansfield1.81
10 Day High8.54
10 Day Low8.48
20 Day High8.54
20 Day Low8.46
52 Week High8.54
52 Week Low4.23
CS1 End8.49
CR1 Start8.53
Volume & EV
DER(3)-0.53%
DER(5)0.24%
Volume12.36M
Volume Incr136.52%
Vol(5)4.67M
Vol(50)2.28M