TSXV:COV Technical Analysis

Covalon Technologies Ltd. — Technical Analysis & Chart Patterns

Back to COV

Twelve formations appear in COV's daily price history. A hurst vtl downward break completed with a downward breakout on October 14, 2026; a p&f double top breakout completed with an upward breakout on October 27, 2026; a fair value gap (fvg), bullish completed with an upward breakout on October 30, 2026; a donchian breakout, bullish completed with an upward breakout on November 2, 2026; a marubozu, black printed a bearish signal on November 3, 2026; a belt hold, bearish printed a bearish signal on November 3, 2026; an ascending triangle completed with a downward breakout on November 5, 2026; a mitigation block, bullish is currently forming and has not yet triggered; an order block (ob), bullish completed with an upward breakout on November 4, 2026; a double top, Adam & Eve is currently forming and has not yet triggered; a marubozu, black printed a bearish signal on November 5, 2026; a belt hold, bearish printed a bearish signal on November 5, 2026.

Signal balance Conflicted — signals cancel 1 bullish (2) · 5 bearish (3)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 4 signals from negative-edge patterns excluded.

Patterns

last close, adjusted
Loading price data…
No price data is available for COV yet.
FORMING
Double Top, Adam & Eve — Sep 29, 2026 to Nov 5, 2026
BREAKOUT DOWN
Marubozu, Black — Nov 5, 2026 to Nov 5, 2026 · broke out on Nov 5, 2026
BREAKOUT DOWN
Marubozu, Black — Nov 3, 2026 to Nov 3, 2026 · broke out on Nov 3, 2026
BREAKOUT DOWN
Belt Hold, Bearish — Nov 5, 2026 to Nov 5, 2026 · broke out on Nov 5, 2026
BREAKOUT DOWN
Belt Hold, Bearish — Nov 3, 2026 to Nov 3, 2026 · broke out on Nov 3, 2026
BREAKOUT DOWN
Ascending Triangle — Sep 29, 2026 to Nov 4, 2026 · broke out on Nov 5, 2026
FORMING
Mitigation Block, Bullish — Oct 20, 2026 to Nov 4, 2026
BREAKOUT UP
Order Block (OB), Bullish — Oct 23, 2026 to Nov 4, 2026 · broke out on Nov 4, 2026
BREAKOUT UP
Fair Value Gap (FVG), Bullish — Oct 26, 2026 to Oct 30, 2026 · broke out on Oct 30, 2026
BREAKOUT UP
Donchian Breakout, Bullish — Oct 2, 2026 to Oct 30, 2026 · broke out on Nov 2, 2026
BREAKOUT UP
P&F Double Top Breakout — Oct 20, 2026 to Oct 26, 2026 · broke out on Oct 27, 2026
BREAKOUT DOWN
Hurst VTL Downward Break — Aug 19, 2026 to Oct 13, 2026 · broke out on Oct 14, 2026
Detected on this chart: Marubozu, Black ×2, Belt Hold, Bearish ×2, Double Top, Adam & Eve (forming now), Ascending Triangle, Mitigation Block, Bullish (forming now), Order Block (OB), Bullish, Fair Value Gap (FVG), Bullish, Donchian Breakout, Bullish, P&F Double Top Breakout, Hurst VTL Downward Break. Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

See COV’s chart patterns drawn on the price chart — trigger prices, measure-rule targets, stops and simulated trade results for every detection.

Pro also unlocks the orchestrator verdict, every valuation lens and every premium tab, for every company.

1 Create your account

Free, takes about a minute.

Create free account
2 Subscribe to Pro

C$29 Monthly C$290 Annual

Available from your account once you're signed in.

Already have an account? Log in.