Ceva Inc has broken the first Woodie support point ($44.4) [Bearish]. Look for a short limit order entry near this point. Exit price for CEVA should be set @$43.65 & short position stoploss for Ceva Inc should be set at $45.85
[BEARISH]: Ceva Inc UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.996.
[BULLISH]: Ceva Inc currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.4%.
[BULLISH]: Ceva Inc current volume uptrend in the first timeframe. Volume for CEVA is110872 (35.4).
[BULLISH]: Ceva IncElder Ray Index is signalling a Bullish movementERI is 0.61 indicating bull power. Prices are being driven above the consensus of value for CEVA during the last trading session [Buying Pressure]
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[BULLISH]: Ceva Inc opened in the middle part of daily range at 54.5% & closed in the upper part of the trading range at 86.4%. This suggests the buyers have taken control. Over the last 12 months there has been 19 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 7.2%. Over the last month there has been 3 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 21.4%.
[BEARISH]: Ceva Incsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for CEVA adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -4.9 & the greatest daily negative change this year has been -5.9. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -6.8%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4.9%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -1.5%
[BULLISH]: Ceva Inc current price has highlighted recent buying pressure. Currently, the Elders Force Index is 190831.
[Bearish]: Average True Range has confirmed an downtrend is present. Ceva Inc has a TR of 1.15, and an ATR(14) of 1.266.
[BEARISH]: Ceva Inc currently has negative rate of change of -28%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.4%.
[BULLISH]: Ceva Inc has a current ARO(25) of 56. This has change 0 points from yesterday.
CEVA: Chaikin Oscillator Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH CROSSOVER
[BEARISH]: Ceva Inc currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.4%.
[BULLISH]: Ceva Inc current accumulation has given strength to the share price and the continuation of bullish trading conditions.
CEVA: LOW Recent Trading -> (1) 19 Oct: 44 (2) 18 Oct: 44.75 (3) 17 Oct: 45
[BEARISH]: Ceva Inc opening price has gapped down. Currently, the OPEN is $44.6 (-2.2 %).
Ceva Inc key financial metrics: (1) MCAP: $987.28M (2) Shares: 21964000 (3) Free Float: 20485000
[BULLISH]: Ceva Inc current uptrend in the first timeframe. Currently, the Range is $1.1.