Home / Daily News / Buckling Under the Trendline, Can This Stock Reverse Course: CVR Energy, Inc. (NYSE:CVI)


Shares of CVR Energy, Inc. (NYSE:CVI) have been on a recent steady downtrend, causing some worry for shareholders.

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In order to gauge which way a stock is trending, you must compare a stock’s share price to its moving average.  Uptrending stocks trade above their moving averages, while downtrending stocks trade below. 

It is important to consider the moving averages of a downtrending security.  We see here that CVR Energy, Inc. (NYSE:CVI) is -7.28% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of -5.49% from current levels.  Further back, their 200-Day Simple Moving Average is -5.34% difference from today’s price.  Currently, the stock is -12.29% from its 50-Day High and 3.21% from the 50-day low. 

RSI and Recommendations

CVR Energy, Inc.’s RSI is 33.41.  Based on the stock’s volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 2.29% and month of 2.22%.  Wall Street analysts have a consensus 3.40 recommendation on the stock.  

Historical Growth

CVR Energy, Inc. (NYSE:CVI)’s performance this year to date is 23.20%.  The stock has performed -5.83% over the last seven days, -9.50% over the last thirty, and 5.80% over the last three months.  Over the last six months, CVR Energy, Inc.’s stock has been -7.59% and 12.56% for the year.

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