Technical Analysis for CRVL - CorVel Corp.

Grade Last Price % Change Price Change
A 271.64 0.51% 1.39
CRVL closed up 0.51 percent on Friday, May 17, 2024, on 76 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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.
Earnings due: May 23
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 0.51%
New Uptrend Bullish 0.51%
New 52 Week High Strength 0.51%
Overbought Stochastic Strength 0.51%
Up 3 Days in a Row Strength 0.51%

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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 Insurance Industry Medical Equipment 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 272.04
52 Week Low 187.9154
Average Volume 34,739
200-Day Moving Average 226.44
50-Day Moving Average 246.78
20-Day Moving Average 250.35
10-Day Moving Average 260.99
Average True Range 5.33
RSI (14) 77.97
ADX 28.18
+DI 37.93
-DI 10.65
Chandelier Exit (Long, 3 ATRs) 256.04
Chandelier Exit (Short, 3 ATRs) 244.59
Upper Bollinger Bands 274.37
Lower Bollinger Band 226.33
Percent B (%b) 0.94
BandWidth 19.19
MACD Line 7.33
MACD Signal Line 4.47
MACD Histogram 2.858
Fundamentals Value
Market Cap 4.64 Billion
Num Shares 17.1 Million
EPS 4.30
Price-to-Earnings (P/E) Ratio 63.17
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) 278.24
Resistance 3 (R3) 277.64 274.84 277.14
Resistance 2 (R2) 274.84 273.16 275.14 276.77
Resistance 1 (R1) 273.24 272.12 274.04 273.84 276.41
Pivot Point 270.44 270.44 270.84 270.74 270.44
Support 1 (S1) 268.84 268.76 269.64 269.44 266.87
Support 2 (S2) 266.04 267.72 266.34 266.51
Support 3 (S3) 264.44 266.04 266.14
Support 4 (S4) 265.04