Covalon Technologies Ltd (TSE:COV)
TSXV:COV
Canadian Market

Covalon Technologies (COV) Technical Analysis

15 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
16Bullish
5Neutral
0Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
0Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Covalon Technologies Ltd’s (COV) Moving Averages Convergence Divergence (MACD) indicator is 0.04, suggesting Covalon Technologies Ltd is a Buy.
Covalon Technologies Ltd’s (COV) 20-Day exponential moving average is 2.07, while Covalon Technologies Ltd’s (COV) share price is C$2.11, making it a Buy.
Covalon Technologies Ltd’s (COV) 50-Day exponential moving average is 1.90, while Covalon Technologies Ltd’s (COV) share price is C$2.11, making it a Buy.

Covalon Technologies (COV) Pivot Points

Jul 28, 2024, 09:38 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.06
2.07
2.07
2.08
2.08
2.09
2.09
Fibonacci
2.07
2.07
2.07
2.08
2.08
2.08
2.09
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Covalon Technologies (COV) Moving Averages

Jul 28, 2024, 09:38 AM
Period
Simple
Exponential
MA5
2.09Buy
2.09Buy
MA10
2.08Buy
2.08Buy
MA20
2.08Buy
2.07Buy
MA50
1.92Buy
1.90Buy
MA100
1.55Buy
1.69Buy
MA200
1.36Buy
1.53Buy
Covalon Technologies Ltd’s (COV) 10-Day exponential moving average is 2.08, while Covalon Technologies Ltd’s (COV) share price is C$2.11, making it a Buy.
Covalon Technologies Ltd’s (COV) 100-Day exponential moving average is 1.69, while Covalon Technologies Ltd’s (COV) share price is C$2.11, making it a Buy.
Covalon Technologies Ltd’s (COV) stock price is C$2.11 and Covalon Technologies Ltd’s (COV) 50-day simple moving average is 1.92, creating a Buy signal.
Covalon Technologies Ltd’s (COV) stock price is C$2.11 and Covalon Technologies Ltd’s (COV) 100-day simple moving average is 1.55, creating a Buy signal.
Covalon Technologies Ltd’s (COV) stock price is C$2.11 and Covalon Technologies Ltd’s (COV) 200-day simple moving average is 1.36, creating a Buy signal.

Covalon Technologies (COV) Technical Indicators

Jul 28, 2024, 09:38 AM
Name
Value
Implied Action
RSI (14)
59.54
Neutral
STOCH (9,6)
70.00
Neutral
STOCHRSI (14)
76.67
Neutral
MACD (12,26)
0.04
Buy
ADX (14)
9.59
Buy
Williams %R
0.00
-
CCI (14)
73.91
Neutral
ATR (14)
0.04
-
Ultimate Oscillator
60.32
Neutral
ROC
1.44
Buy
Covalon Technologies Ltd’s (COV) Relative Strength Index (RSI) is 59.54, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Trend Strength Indicator (ADX) is 9.59, creating a Buy signal.
Covalon Technologies Ltd’s (COV) Commodity Channel Index (CCI) is 73.91, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Price Rate of Change (ROC) is 1.44, creating a Buy signal.

FAQ

Is COV a Buy, Hold, or Sell?
Based on COV’s technical indicators, COV is a Strong Buy.
    What is COV’s RSI (14)?
    COV’s RSI (14) is 59.54, which suggests COV is a Neutral.
      What is COV’s MACD?
      COV’s MACD is 0.04, which suggests COV is a Buy.
        What is COV’s 5-day moving average?
        COV’s 5-day moving average is 2.09, which suggests COV is a Buy.
          What is COV’s 20-day moving average?
          COV 20-day moving average is 2.08, which suggests COV is a Buy.
            What is COV’s 50-day moving average?
            COV’s 50-day moving average is 1.92, which suggests COV is a Buy.
              What is COV’s 200-day moving average?
              COV’s 200-day moving average is 1.36, which suggests COV is a Buy.
                What is COV’s Williams % R (14)?
                Currently, no data Available
                What is COV’s CCI (14)?
                COV’s CCI (14) is 73.91, which suggests COV is a Neutral.
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