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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
Sell
7Bullish
5Neutral
10Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Sell
4Bullish
0Neutral
8Bearish
Covalon Technologies Ltd’s (COV) Moving Averages Convergence Divergence (MACD) indicator is -0.06, suggesting Covalon Technologies Ltd is a Buy.
Covalon Technologies Ltd’s (COV) 20-Day exponential moving average is 3.53, while Covalon Technologies Ltd’s (COV) share price is C$3.38, making it a Sell.
Covalon Technologies Ltd’s (COV) 50-Day exponential moving average is 3.48, while Covalon Technologies Ltd’s (COV) share price is C$3.38, making it a Sell.

Covalon Technologies (COV) Pivot Points

Dec 22, 2024, 11:52 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3.31
3.35
3.37
3.41
3.43
3.47
3.49
Fibonacci
3.35
3.37
3.39
3.41
3.43
3.45
3.47
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

Dec 22, 2024, 11:52 PM
Period
Simple
Exponential
MA5
3.41Sell
3.41Sell
MA10
3.45Sell
3.46Sell
MA20
3.58Sell
3.53Sell
MA50
3.52Sell
3.48Sell
MA100
3.25Buy
3.19Buy
MA200
2.41Buy
2.50Buy
Covalon Technologies Ltd’s (COV) 10-Day exponential moving average is 3.46, while Covalon Technologies Ltd’s (COV) share price is C$3.38, making it a Sell.
Covalon Technologies Ltd’s (COV) 100-Day exponential moving average is 3.19, while Covalon Technologies Ltd’s (COV) share price is C$3.38, making it a Buy.
Covalon Technologies Ltd’s (COV) stock price is C$3.38 and Covalon Technologies Ltd’s (COV) 50-day simple moving average is 3.52, creating a Sell signal.
Covalon Technologies Ltd’s (COV) stock price is C$3.38 and Covalon Technologies Ltd’s (COV) 100-day simple moving average is 3.25, creating a Buy signal.
Covalon Technologies Ltd’s (COV) stock price is C$3.38 and Covalon Technologies Ltd’s (COV) 200-day simple moving average is 2.41, creating a Buy signal.

Covalon Technologies (COV) Technical Indicators

Dec 22, 2024, 11:52 PM
Name
Value
Implied Action
RSI (14)
42.96
Neutral
STOCH (9,6)
21.57
Neutral
STOCHRSI (14)
17.51
Buy
MACD (12,26)
-0.06
Buy
ADX (14)
20.41
Neutral
Williams %R
-86.44
Buy
CCI (14)
-98.33
Neutral
ATR (14)
0.20
-
Ultimate Oscillator
40.04
Neutral
ROC
-9.63
Sell
Covalon Technologies Ltd’s (COV) Relative Strength Index (RSI) is 42.96, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Trend Strength Indicator (ADX) is 20.41, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Commodity Channel Index (CCI) is -98.33, creating a Neutral signal.
Covalon Technologies Ltd’s (COV) Price Rate of Change (ROC) is -9.63, creating a Sell signal.

FAQ

Is COV a Buy, Hold, or Sell?
Based on COV’s technical indicators, COV is a Sell.
    What is COV’s RSI (14)?
    COV’s RSI (14) is 42.96, which suggests COV is a Neutral.
      What is COV’s MACD?
      COV’s MACD is -0.06, which suggests COV is a Buy.
        What is COV’s 5-day moving average?
        COV’s 5-day moving average is 3.41, which suggests COV is a Sell.
          What is COV’s 20-day moving average?
          COV 20-day moving average is 3.58, which suggests COV is a Sell.
            What is COV’s 50-day moving average?
            COV’s 50-day moving average is 3.52, which suggests COV is a Sell.
              What is COV’s 200-day moving average?
              COV’s 200-day moving average is 2.41, which suggests COV is a Buy.
                What is COV’s Williams % R (14)?
                COV’s Williams % R (14) is -86.44, which suggests COV is a Buy.
                  What is COV’s CCI (14)?
                  COV’s CCI (14) is -98.33, which suggests COV is a Neutral.
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