Technical Analysis for CRVL - CorVel Corp.

Grade Last Price % Change Price Change
C 231.13 -0.50% -1.17
CRVL closed down 1.35 percent on Wednesday, April 17, 2024, on 80 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness -0.50%
Oversold Stochastic Weakness -0.50%
NR7 Range Contraction -1.85%
Narrow Range Bar Range Contraction -1.85%
Gapped Down Weakness -1.85%
Gapped Up Strength -3.09%
Oversold Stochastic Weakness -3.09%
Inside Day Range Contraction -2.30%
Oversold Stochastic Weakness -2.30%
Lower Bollinger Band Touch Weakness -2.51%

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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 265.14
52 Week Low 187.9154
Average Volume 36,355
200-Day Moving Average 221.43
50-Day Moving Average 244.63
20-Day Moving Average 246.98
10-Day Moving Average 238.00
Average True Range 6.60
RSI (14) 36.71
ADX 18.89
+DI 17.16
-DI 27.63
Chandelier Exit (Long, 3 ATRs) 245.10
Chandelier Exit (Short, 3 ATRs) 249.17
Upper Bollinger Bands 266.65
Lower Bollinger Band 227.31
Percent B (%b) 0.13
BandWidth 15.93
MACD Line -3.11
MACD Signal Line -1.19
MACD Histogram -1.9145
Fundamentals Value
Market Cap 3.97 Billion
Num Shares 17.1 Million
EPS 4.30
Price-to-Earnings (P/E) Ratio 54.02
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) 239.38
Resistance 3 (R3) 240.02 238.30 238.20
Resistance 2 (R2) 238.30 236.50 237.98 237.81
Resistance 1 (R1) 235.30 235.38 234.44 234.66 237.41
Pivot Point 233.58 233.58 233.15 233.26 233.58
Support 1 (S1) 230.58 231.78 229.72 229.94 227.19
Support 2 (S2) 228.86 230.66 228.54 226.79
Support 3 (S3) 225.86 228.86 226.40
Support 4 (S4) 225.22