CHEESECAKE FACTORY INC/THE (CAKE) Stock Technical Analysis
NASDAQ:CAKE - Nasdaq - US1630721017 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CAKE. In the last year, CAKE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
CAKE is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 83% of 136 stocks in the same industry.
In the last month CAKE has a been trading in the 42.69 - 52.27 range, which is quite wide. It is currently trading near the high of this range.
CAKE has an average volume of 1646490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CAKE did better than 90% of all other stocks. We also observe that the gains produced by CAKE over the past year are nicely spread over this period. However, we also see that CAKE couldn't keep up this performance in the last couple of months.
CAKE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, CAKE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 51.17. Right above this resistance zone may be a good entry point.
More info and screens
40.03
57.29
When analyzing the support we can see 4 important areas.
- A support zone ranging from 49.07 to 49.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.89 from a trend line in the weekly time frame.
- A support zone ranging from 44.22 to 45.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.43 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.17 to 51.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 56.16 to 56.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.28
Mansfield1.45
10 Day High52.27
10 Day Low46.02
20 Day High52.27
20 Day Low42.69
52 Week High57.32
52 Week Low33.5
Performance
1 Week-1.51%
2 Weeks5.66%
1 Month2.03%
3 Month-11.58%
6 Month8.36%
12 Month47.46%
2 Year47.37%
3 Year34.52%
5 Year122.75%
10 Year-0.96%
15 Year82.74%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.46
RSI(14)52.38
LBB44.76
UBB52.35
49.65
-1.42 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.78%
1 Week-1.51%
2 Weeks5.66%
1 Month2.03%
3 Month-11.58%
6 Month8.36%
12 Month47.46%
2 Year47.37%
3 Year34.52%
5 Year122.75%
10 Year-0.96%
15 Year82.74%
Volatility
ATR(14)2.14
ATR(20)%5.31%
ATR Inc-37.61%
Range Today1.62
ADR(20)2.38
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.28
Mansfield1.45
10 Day High52.27
10 Day Low46.02
20 Day High52.27
20 Day Low42.69
52 Week High57.32
52 Week Low33.5
CS1 End49.55
CR1 Start51.17
Volume & EV
DER(3)-2.95%
DER(5)-3.52%
Volume1.84M
Volume Incr30.04%
Vol(5)1.62M
Vol(50)1.65M