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

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Summary of all the Indicators

Overall Consensus
Buy
12Bullish
6Neutral
4Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Covalon Technologies Ltd’s (COV) Moving Averages Convergence Divergence (MACD) indicator is 0.18, suggesting Covalon Technologies Ltd is a Sell.
Covalon Technologies Ltd’s (COV) 20-Day exponential moving average is 3.66, while Covalon Technologies Ltd’s (COV) share price is C$3.83, making it a Buy.
Covalon Technologies Ltd’s (COV) 50-Day exponential moving average is 3.38, while Covalon Technologies Ltd’s (COV) share price is C$3.83, making it a Buy.

Covalon Technologies (COV) Pivot Points

Nov 22, 2024, 12:42 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.57
3.71
3.81
3.95
4.05
4.19
4.29
Fibonacci
3.71
3.81
3.86
3.95
4.05
4.10
4.19
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

Nov 22, 2024, 12:42 PM
Period
Simple
Exponential
MA5
3.97Sell
3.89Sell
MA10
3.83Sell
3.81Buy
MA20
3.60Buy
3.66Buy
MA50
3.39Buy
3.38Buy
MA100
2.94Buy
2.99Buy
MA200
2.17Buy
2.31Buy
Covalon Technologies Ltd’s (COV) 10-Day exponential moving average is 3.81, while Covalon Technologies Ltd’s (COV) share price is C$3.83, making it a Buy.
Covalon Technologies Ltd’s (COV) 100-Day exponential moving average is 2.99, while Covalon Technologies Ltd’s (COV) share price is C$3.83, making it a Buy.
Covalon Technologies Ltd’s (COV) stock price is C$3.83 and Covalon Technologies Ltd’s (COV) 50-day simple moving average is 3.39, creating a Buy signal.
Covalon Technologies Ltd’s (COV) stock price is C$3.83 and Covalon Technologies Ltd’s (COV) 100-day simple moving average is 2.94, creating a Buy signal.
Covalon Technologies Ltd’s (COV) stock price is C$3.83 and Covalon Technologies Ltd’s (COV) 200-day simple moving average is 2.17, creating a Buy signal.

Covalon Technologies (COV) Technical Indicators

Nov 22, 2024, 12:42 PM
Name
Value
Implied Action
RSI (14)
59.72
Neutral
STOCH (9,6)
53.19
Neutral
STOCHRSI (14)
59.59
Neutral
MACD (12,26)
0.18
Sell
ADX (14)
37.20
Neutral
Williams %R
-48.96
Buy
CCI (14)
74.89
Neutral
ATR (14)
0.19
-
Ultimate Oscillator
53.91
Neutral
ROC
11.34
Buy
Covalon Technologies Ltd’s (COV) Relative Strength Index (RSI) is 59.72, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Trend Strength Indicator (ADX) is 37.20, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Commodity Channel Index (CCI) is 74.89, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Price Rate of Change (ROC) is 11.34, creating a Buy signal.

FAQ

Is COV a Buy, Hold, or Sell?
Based on COV’s technical indicators, COV is a Buy.
    What is COV’s RSI (14)?
    COV’s RSI (14) is 59.72, which suggests COV is a Neutral.
      What is COV’s MACD?
      COV’s MACD is 0.18, which suggests COV is a Sell.
        What is COV’s 5-day moving average?
        COV’s 5-day moving average is 3.97, which suggests COV is a Sell.
          What is COV’s 20-day moving average?
          COV 20-day moving average is 3.60, which suggests COV is a Buy.
            What is COV’s 50-day moving average?
            COV’s 50-day moving average is 3.39, which suggests COV is a Buy.
              What is COV’s 200-day moving average?
              COV’s 200-day moving average is 2.17, which suggests COV is a Buy.
                What is COV’s Williams % R (14)?
                COV’s Williams % R (14) is -48.96, which suggests COV is a Buy.
                  What is COV’s CCI (14)?
                  COV’s CCI (14) is 74.89, which suggests COV is a Neutral.
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