CVR Energy Inc

CVI remains in a Stage 2 advance with bullish medium-term structure confirmed by higher highs and higher lows. However, price is extended above the rising short-term EMAs with overbought RSI and elevated Options Score, reducing immediate execution favorability. We will look to engage selectively on shallow pullbacks into the 9- and 21-period EMAs within the context of the advancing momentum strategy.

• ↑Crude at 97% and ammonia at 103% utilization shows strong operations
• ↑Fertilizer segment delivered $78M adjusted EBITDA, up 47% YoY
• ↓Q1 consolidated net loss of $160M and $52M EBITDA loss signals weak profitability