* Strong up trend
* Sector: Basic Materials - Agricultural Inputs
* RS vs. Sector: 3.42
* RS vs. SP500: 2.17
* U/D Ratio: 1.7
* Base Depth: 20.18%
* Distance from breakout buy point: 5.56%
* Volume 39.11% above its 15 day avg.
* For the past 4 weeks
CTVA as been ranging between $49.24 and $52.24 while the general market has been falling.
* A U/D ratio of 1.7 shows thatCTVA is being accumulated
* A break above $52.24 could prove to be meaningful
Trade Idea:
* Wait for a break above $52.24 as a sign of confirmation that the stock is ready to move higher.
* Sector: Basic Materials - Agricultural Inputs
* RS vs. Sector: 3.42
* RS vs. SP500: 2.17
* U/D Ratio: 1.7
* Base Depth: 20.18%
* Distance from breakout buy point: 5.56%
* Volume 39.11% above its 15 day avg.
* For the past 4 weeks
CTVA as been ranging between $49.24 and $52.24 while the general market has been falling.* A U/D ratio of 1.7 shows that
CTVA is being accumulated* A break above $52.24 could prove to be meaningful
Trade Idea:
* Wait for a break above $52.24 as a sign of confirmation that the stock is ready to move higher.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.