(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.
Showing technical analysis as on 2024-03-18 View latest technical analysis
10 day averaged volume of Commercial Vehicle is 209180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 6.14 | 6.16 | 6.32 | 6.13 | 0.536 times |
| 15 Fri Mar 2024 | 6.16 | 6.07 | 6.24 | 6.06 | 1.447 times |
| 14 Thu Mar 2024 | 6.06 | 6.10 | 6.12 | 5.94 | 1.277 times |
| 13 Wed Mar 2024 | 6.17 | 6.10 | 6.17 | 6.09 | 0.412 times |
| 12 Tue Mar 2024 | 6.10 | 6.12 | 6.14 | 6.00 | 0.724 times |
| 11 Mon Mar 2024 | 6.10 | 6.12 | 6.28 | 6.08 | 0.644 times |
| 08 Fri Mar 2024 | 6.20 | 6.27 | 6.34 | 6.17 | 0.643 times |
| 07 Thu Mar 2024 | 6.20 | 6.43 | 6.44 | 6.14 | 1.084 times |
| 06 Wed Mar 2024 | 6.38 | 6.20 | 6.54 | 6.15 | 1.591 times |
| 05 Tue Mar 2024 | 6.15 | 6.33 | 6.33 | 5.60 | 1.692 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.1 as stoploss in an intra day buy trade for a target of 6.39. However, stock will show a bearish move below 6.1.
Share price targets for Commercial Vehicle (CVGI)
| Target Type | Value |
| Downside Target | 5.48 |
| Downside Target | 5.60 |
| Downside Target | 5.94 |
| Downside Target | 6.11 |
| Upside Target | 6.77 |
| Upside Target | 6.78 |
| Upside Target | 6.97 |
| Upside Target | 7.02 |
| Upside Target | 7.05 |
| Upside Target | 7.34 |
Intraday share price targets for Commercial Vehicle (CVGI)
| Target Type | Value |
| Downside Intraday Target | 6.07 |
| Downside Intraday Target | 6.01 |
| Upside Intraday Target | 6.26 |
| Upside Intraday Target | 6.39 |
| Upside Intraday Target | 6.2 |
Weekly technical analysis of Commercial Vehicle (CVGI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 6.14 | 6.16 | 6.32 | 6.13 | 0.119 times |
| 15 Fri Mar 2024 | 6.16 | 6.12 | 6.28 | 5.94 | 0.819 times |
| 08 Fri Mar 2024 | 6.20 | 6.70 | 6.78 | 5.60 | 2.771 times |
| 01 Fri Mar 2024 | 6.70 | 6.53 | 6.77 | 6.42 | 1.024 times |
| 23 Fri Feb 2024 | 6.56 | 6.64 | 6.97 | 6.36 | 0.655 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 |
| 18 Mon Mar 2024 | 6.14 | 6.59 | 6.78 | 5.60 | 1.189 times |
| 29 Thu Feb 2024 | 6.54 | 6.53 | 6.97 | 6.22 | 0.723 times |
| 31 Wed Jan 2024 | 6.49 | 6.95 | 7.02 | 6.11 | 0.639 times |
| 29 Fri Dec 2023 | 7.01 | 6.53 | 7.34 | 6.19 | 0.997 times |
Scroll below to view daily charts
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)
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Commercial Vehicle in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Commercial Vehicle is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.18 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.
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Commercial Vehicle ( (CVGI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Commercial Vehicle in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Commercial Vehicle is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.18 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.