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Downtrend ResistanceArchive
- 6/26/2026 -
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Corteva (CTVA) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second positive week after 4 consecutive negative weeks for the Corteva (CTVA). During the week, the CTVA gained 4.03 points, or 5.13%, and closed at 82.62 on Friday, June 26, 2026. It was the best weekly gain since March 27, 2026. Weekly volume was 21% above average.
 Long-term trend: [See CTVA long-term trend chart]
A long-term uptrend had started on November 13, 2023 at 43.22 and reached 85.63 on April 7, 2026. CTVA gained -42.41 points, or -98.13%, in 125 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 66.35 and resistance is at 93.45. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See CTVA medium-term trend chart]
A medium-term downtrend had started on April 7, 2026 at 85.63 and reached 74.42 on June 10, 2026. CTVA lost 11.21 points, or 13.09%, in 9 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (81.96). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See CTVA weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since May 15, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See CTVA short-term trend chart]
A short-term uptrend had started on June 10, 2026 at 74.42 and reached 82.67 on June 26, 2026. CTVA gained -8.25 points, or -11.09%, in 16 days. Price is near the trend high.
 Daily Technical Indicators: [See CTVA daily technical indicators chart]
Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since June 16, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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