Technical Analysis for CRVL - CorVel Corp.

Grade Last Price % Change Price Change
A 355.23 -0.86% -3.09
CRVL closed down 0.86 percent on Wednesday, November 20, 2024, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
Stochastic Reached Overbought Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Wide Bands Range Expansion -0.86%
Wide Bands Range Expansion -0.21%
1,2,3 Pullback Bullish Bullish Swing Setup 3.04%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 3.04%
Wide Bands Range Expansion 3.04%
Gapped Up Strength 3.04%
Overbought Stochastic Strength 3.04%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 17 hours ago
10 DMA Support about 17 hours ago
Possible NR7 about 19 hours ago
Gapped Down (Full) about 22 hours ago
Down 3% about 22 hours ago

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Profile

CorVel Corp. Description

CorVel Corporation provides medical cost containment and managed care services to manage the medical costs of worker's compensation and auto claims in the United States. It offers network solutions, which include automated medical fee auditing, preferred provider services, retrospective utilization review, independent medical examinations, and inpatient bill review. The company also offers a range of patient management services, which include working on a one-on-one basis with injured employees and their various healthcare professionals, employers, and insurance company adjusters, as well as processing of claims for self-insured payers to property and casualty insurance. In addition, it operates directed care networks that provide diagnostic imaging, physical and occupational therapy, independent medical evaluations, durable medical equipment, and transportation and translation services. The company assists insurance companies, third-party administrators, governmental entities, and self-administered employers in managing medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was founded in 1987 and is based in Irvine, California.


Classification

Sector: Financial Services
Industry: Insurance Brokers
Keywords: Insurance Casualty Insurance Medical Equipment Insurance Industry Health Insurance Diagnostic Imaging Managed Care Durable Medical Equipment Occupational Therapy Patient Management Auditing Claims Adjuster Provider Services Care Services Healthcare Claims Self Insurance Third Party Administrator Translation Services

Is CRVL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 367.84
52 Week Low 203.9
Average Volume 36,197
200-Day Moving Average 278.19
50-Day Moving Average 322.08
20-Day Moving Average 331.99
10-Day Moving Average 355.03
Average True Range 10.60
RSI (14) 64.29
ADX 30.73
+DI 33.78
-DI 20.21
Chandelier Exit (Long, 3 ATRs) 336.04
Chandelier Exit (Short, 3 ATRs) 329.60
Upper Bollinger Bands 383.14
Lower Bollinger Band 280.85
Percent B (%b) 0.73
BandWidth 30.81
MACD Line 11.92
MACD Signal Line 9.89
MACD Histogram 2.0226
Fundamentals Value
Market Cap 6.07 Billion
Num Shares 17.1 Million
EPS 4.30
Price-to-Earnings (P/E) Ratio 82.61
Price-to-Sales 5.42
Price-to-Book 18.00
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 372.71
Resistance 3 (R3) 371.36 364.17 369.80
Resistance 2 (R2) 364.17 359.72 364.85 368.83
Resistance 1 (R1) 359.70 356.97 356.11 361.06 367.86
Pivot Point 352.52 352.52 350.72 353.20 352.52
Support 1 (S1) 348.05 348.07 344.46 349.40 342.60
Support 2 (S2) 340.86 345.32 341.54 341.63
Support 3 (S3) 336.39 340.86 340.66
Support 4 (S4) 337.75