Corteva saw some selling pressure today and moved down -4.22% It looks like CTVA may be interacting with a downward sloping resistance line. This may be an opportunity to short sell. CTVA hasn't had very clear momentum over the last 3 months in either direction. Which makes it a little harder to predict. But hasn't presented the buying pressure to make
me feel certain it can punch through.
If the price breaks through the resistance level it will probably move up to the $64.46 where it may meet further resistance. If the price reverses and heads back down lower, it looks like the nearest support level is $58.59 it may head back up from there or break lower.
The analysts are pretty neutral on Corteva right now, so not much useful information here. The current Analysts Sentiment Score is 1.42. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Oppenheimer gave a boost to their price target and moved to $69.00 from $67.00 on 2024-05-03. BMO Capital Markets provided a price target boost of 4.69% to $67.00 from $64.00 on 2024-05-03. Mizuho gave a boost to their price target and moved to $61.00 from $56.00 on 2024-05-02. JPMorgan Chase & Co. announced that they are reiterating a rating of Overweight on 2024-04-12 and dropped their 1 year price target to $57.00 which is down from $58.00. On 2024-04-10 Barclays increased their price target by 5.45% to $58.00. KeyCorp provided a price target boost of 4.76% to $66.00 from $63.00 on 2024-04-09. On 2024-03-01 Wolfe Research started covering Corteva with a rating of Outperform and added a price target of $67.00. On 2024-02-12 there was an upgrade provided by Loop Capital from Hold to Buy and moved up their price target to $65.00 which is a 14.04% increase. Wells Fargo & Company boosted their price targ by 20.37% to $65.00 on 2024-02-02. BNP Paribas upgraded from Underperform to Neutral on 2024-02-02 and added a price target of $53.00.
| Company | Ratings Score
?
Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| CTVA | 1.42 | 3.23 | -2.38 | 2.77 | -0.78 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| CTVA | 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 |
|---|---|---|---|---|---|
| CTVA | 1.71 | %1.2 | 2.1 | 5.346 | 8330000 |
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) |
|---|---|
| CTVA |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FMC | FMC Corporation | 0.98 | -8.57 | -7.75 | -5.69 | -23.84 | -40.49 | -35.13 | 55 | -35.11 | -49.72 | -50.22 | -46141.83 | -2790.90 | 0 | 0 | 4.38987 |
| LYB | LyondellBasell Industries | 0.88 | -10.67 | -9.61 | -18.57 | -14.60 | -33.76 | -40.38 | 30 | -36.62 | -50.74 | -71.96 | -38403.48 | 0.00 | 0 | 0 | 2.45602 |
| STLD | Steel Dynamics Inc | 0.83 | -8.87 | -6.38 | -7.17 | -3.13 | -9.04 | -21.44 | 52 | -0.92 | -1.46 | -0.10 | -6218.71 | -1674.19 | 0 | 0 | 3.71025 |
| DOW | Dow Inc. | 0.81 | -9.83 | -8.44 | -15.99 | -20.17 | -42.47 | -47.56 | 21 | -138.30 | -88.01 | -148.29 | -42999.11 | 0.00 | 0 | 0 | 1.99361 |
| RS | Reliance Steel & Aluminiu | 0.78 | -6.32 | -3.83 | -4.71 | 1.93 | -3.71 | -18.67 | 68 | -0.41 | -0.67 | 0.02 | -3627.38 | -9289.96 | 0 | 0 | 2.27393 |
| OLN | Olin Corp. | 0.76 | -10.69 | -10.22 | -9.59 | -31.34 | -53.10 | -62.88 | 47 | -144.65 | -137.01 | -186.06 | -73878.42 | -511.78 | 0 | 0 | 2.36457 |
| RY | Royal Bank of Canada | 0.73 | 0.34 | 2.65 | 0.03 | -5.13 | -6.33 | 14.81 | 52 | -4.67 | -2.73 | -1.63 | -7835.12 | -19273.62 | 100 | 0 | 13.3109 |
| WLK | Westlake Corporation | 0.73 | -7.62 | -4.92 | -15.77 | -15.62 | -36.06 | -39.99 | 37 | -106.74 | -122.56 | -89.03 | -31748.73 | 0.00 | 0 | 0 | 6.95741 |
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.
