Corvel had a rough day and is now down -7.53%. Investors weren't too impressed with the future outlook for the Brokers & Exchanges company which caused some selling on weak demand. It looks like CRVL may be interacting with an upward sloping support line. These can create nice entry points since it can have both momentum and support. CRVL hasn't had very clear momentum over the last 3 months and has sort of been bouncing around so that doesn't make me feel very certain that it can punsh through the line.
If the price bounces off of the support and moves up it'll probably head up to the $64.26 level, at which point it may hit some selling pressure. If it punches through this support level, it can easily push down to $54.39 where it may meet further support, hopefully it can consolidate around that point.
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| CRVL | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| CRVL | 6.76 | %3.9 | 9.6 | 0.264 | 350000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brokers & Exchanges | 32 | -2.08 | -0.51 | -1.22 | 1.99 | -1.72 | 3.09 | 47.16 | -21.49 | -15.45 | -23.60 | -18063.35 | -7057.89 | 18.75 | 16.41 | 2.86 | 0.54 |
| Financial Services | 368 | 0.50 | -0.38 | -0.73 | 6.11 | 5.55 | 15.39 | 48.31 | 9.64 | 14.65 | 14.22 | -8261.29 | -10675.90 | 15.56 | 2.51 | 3.61 | 0.32 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| CRVL |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RDNT | RadNet, Inc. Common Stock | 0.6 | 2.68 | 0.87 | -7.98 | -12.87 | -32.12 | -6.78 | 54 | -89.91 | -36.18 | -20.84 | -24564.86 | 303.59 | 0 | 0 | 5.35606 |
| ESS | Essex Property Trust, Inc | 0.46 | 0.23 | 0.27 | 4.08 | 8.71 | 6.66 | -2.49 | 55 | 5.92 | 4.54 | 2.88 | -1069.98 | -5316.99 | 0 | 0 | 2.59379 |
| NOVT | Novanta Inc. Common Stock | 0.46 | 3.14 | 4.38 | 27.44 | 32.48 | 51.23 | 38.28 | 72 | 20.03 | 31.11 | 20.06 | 141.37 | -15640.00 | 0 | 0 | 6.77898 |
| CW | Curtiss-Wright Corp. | 0.44 | 0.16 | -2.89 | -1.07 | 2.08 | 32.06 | 62.70 | 45 | 115.40 | 72.67 | 137.49 | -1419.55 | -28819.01 | 0 | 0 | 2.29476 |
| UNF | Unifirst Corp | 0.44 | -0.34 | -0.75 | 4.46 | 0.35 | 48.77 | 39.56 | 51 | 116.67 | 84.00 | 46.85 | -1055.65 | -42002.01 | 0 | 0 | 1.40694 |
| HURN | Huron Consulting Group In | 0.43 | -3.60 | 1.79 | -19.37 | -25.16 | -34.90 | -26.23 | 59 | -85.37 | -37.38 | -21.76 | -18552.47 | -1874.58 | 0 | 0 | 0.739828 |
| CEVA | CEVA Inc. | 0.43 | 10.96 | 22.34 | 47.12 | 151.96 | 134.12 | 164.73 | 75 | 34.05 | 25.06 | 32.05 | 0.00 | -22748.15 | 100 | 0 | 4.1086 |
| OPCH | Option Care Health, Inc. | 0.42 | 0.39 | -5.08 | -3.57 | -30.77 | -33.61 | -35.53 | 41 | -75.00 | -28.92 | -37.40 | -32875.85 | -607.62 | 0 | 0 | 1.54397 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.