CorVel Corporation (CRVL)

CorVel Corporation is trading at $77.16, up 1.06% on the session. The 50 day average sits at $68.54 and the 200 day at $61.44, which puts the stock in a uptrend. RSI is at 70.9, which reads as overbought, and MACD is bullish crossover. Volume is below average.

The nearest support is around $69.15 with resistance near $76.90, so that band frames the current range. Average daily movement is roughly $1.73, or about 2.2% of the share price, which is what any stop placement has to allow for. The overall health score of 80 out of 100 combines a trend score of 100, momentum of 75 and a risk score of 55.

CorVel Corporation provides workers' compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing; preferred provider management and reimbursement; retrospective utilization, facility claim, and professional review; pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management customers, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.