(CVGI) Commercial Vehicle complete technical analysis [charts+indicators] | Buy/Sell Commercial Vehicle | (CVGI) share price targets
Complete technical analysis of Commercial Vehicle (CVGI) by charts plus indicators, forecast predictions and share price targets for Commercial Vehicle (CVGI)
Commercial Vehicle trades in USA in Capital Goods sector.
10 day averaged volume of Commercial Vehicle is 136324
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 5.36 | 5.31 | 5.39 | 5.23 | 0.601 times |
| 15 Wed May 2024 | 5.29 | 5.38 | 5.38 | 5.20 | 0.816 times |
| 14 Tue May 2024 | 5.30 | 5.53 | 5.57 | 5.29 | 1.155 times |
| 13 Mon May 2024 | 5.50 | 5.67 | 5.68 | 5.49 | 0.724 times |
| 10 Fri May 2024 | 5.63 | 5.81 | 5.82 | 5.62 | 0.494 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.5, but if it comes above 5.5, then a intra day buy could be more profitable.
If you take a sell trade below 5.5, then use 5.5 as stoploss and 5.1 as target. However if you take a buy trade in stock , then use 5.5 as stoploss and 5.87 as target.
Share price targets for Commercial Vehicle (CVGI)
| Target Type | Value |
| Downside Target | 4.89 |
| Downside Target | 5.20 |
| Upside Target | 5.60 |
| Upside Target | 5.84 |
| Upside Target | 6.22 |
| Upside Target | 6.31 |
| Upside Target | 6.42 |
| Upside Target | 6.44 |
| Upside Target | 6.64 |
| Upside Target | 6.78 |
| Upside Target | 6.97 |
| Upside Target | 7.02 |
Intraday share price targets for Commercial Vehicle (CVGI)
| Target Type | Value |
| Downside Intraday Target | 5.15 |
| Downside Intraday Target | 4.93 |
| Upside Intraday Target | 5.63 |
| Upside Intraday Target | 5.89 |
| Upside Intraday Target | 5.41 |
Weekly technical analysis of Commercial Vehicle (CVGI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 5.36 | 5.67 | 5.68 | 5.20 | 0.541 times |
| 10 Fri May 2024 | 5.63 | 5.98 | 6.03 | 4.89 | 1.733 times |
| 03 Fri May 2024 | 5.98 | 6.22 | 6.31 | 5.84 | 1.142 times |
| 26 Fri Apr 2024 | 6.18 | 6.35 | 6.44 | 6.04 | 1.066 times |
| 19 Fri Apr 2024 | 6.33 | 6.30 | 6.42 | 6.16 | 0.783 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Commercial Vehicle (CVGI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 5.36 | 6.04 | 6.20 | 4.89 | 0.805 times |
| 30 Tue Apr 2024 | 6.01 | 6.48 | 6.64 | 5.94 | 0.633 times |
| 28 Thu Mar 2024 | 6.43 | 6.59 | 6.78 | 5.60 | 1.601 times |
| 29 Thu Feb 2024 | 6.54 | 6.53 | 6.97 | 6.22 | 0.75 times |
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Commercial Vehicle (CVGI)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 50, 41 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 33 | None |
| CCI | -90 | Buy |
| RSI | 39 | Sell |
| OBV | -459430 | Sell |
| VWAP | 6 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Commercial Vehicle stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Commercial Vehicle in short term and the sell signal is strong.
Commercial Vehicle Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Commercial Vehicle in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Commercial Vehicle is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.61 and Commercial Vehicle (CVGI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Commercial Vehicle (CVGI) stock. Volume based technical analysis of Commercial Vehicle (CVGI) stock is negative.
Commercial Vehicle Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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