CPI AEROSTRUCTURES INC (CVU) Stock Technical Analysis
NYSEARCA:CVU - NYSE Arca - US1259193084 - Common Stock - Currency: USD
Taking everything into account, CVU scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CVU has a been trading in the 3.91 - 5.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that CVU is one of the better performing stocks in the market, outperforming 89% of all stocks.
CVU is part of the Aerospace & Defense industry. There are 66 other stocks in this industry. CVU outperforms 75% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
CVU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVU is lagging the market.
CVU has an average technical rating and it also does not offer a high quality setup 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
2.33
4.51
6 important support areas can be observed.
- A support zone ranging from 3.94 to 3.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.56 from a trend line in the daily time frame.
- Support @3.47 from a trend line in the weekly time frame.
- Support @3.03 from a trend line in the daily time frame.
- Support @2.86 from a horizontal line in the daily time frame.
- Support @2.35 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.37 to 4.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.56
Mansfield1.9
10 Day High5.02
10 Day Low3.91
20 Day High5.85
20 Day Low3.91
52 Week High5.85
52 Week Low2.16
Performance
1 Week-12.22%
2 Weeks-12.8%
1 Month-27.39%
3 Month5.61%
6 Month41.07%
12 Month50.19%
2 Year-1.25%
3 Year31.67%
5 Year-49.29%
10 Year-58.85%
15 Year-42.25%
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)33.91
LBB3.91
UBB5.09
3.95
-0.08 (-1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-1.99%
1 Week-12.22%
2 Weeks-12.8%
1 Month-27.39%
3 Month5.61%
6 Month41.07%
12 Month50.19%
2 Year-1.25%
3 Year31.67%
5 Year-49.29%
10 Year-58.85%
15 Year-42.25%
Volatility
ATR(14)0.32
ATR(20)%8.59%
ATR Inc-37.74%
Range Today0.18
ADR(20)0.34
ADR(20)%8.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.56
Mansfield1.9
10 Day High5.02
10 Day Low3.91
20 Day High5.85
20 Day Low3.91
52 Week High5.85
52 Week Low2.16
CS1 End3.94
CR1 Start4.37
Volume & EV
DER(3)-9.74%
DER(5)-9.81%
Volume51.60K
Volume Incr-23.12%
Vol(5)79.52K
Vol(50)82.46K