Stock Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
Commvault Systems, Inc. (NASDAQ:CVLT)
Long-Term Downtrend (-90) - CVLT is in a strong downtrend that is likely to continue. While CVLT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CVLT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVLT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CVLT
The long-term trend has been DOWN since Sep 20th, 2021 at 72.9000
The intermediate-term trend has been DOWN since Oct 26th, 2021 at 72.1392
The short-term trend has been DOWN since Oct 25th, 2021 at 75.6200
Smart Scan Analysis for CVLT
Based on our trend formula, CVLT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||72.65||Year High Date||2018-06-13|
|Year Low||48.35||Year Low Date||2018-02-09|
|52wk High||84.22||52wk High Date||2021-09-07|
|52wk Low||39.2||52wk Low Date||2020-10-30|
|Year End Close||69.6624||Average Volume||208,218|
|Shares Outstanding||45,871||Short Interest||1,568,457|
|% Institutional||93.2||Market Cap||2,138M|