CAVA GROUP INC (CAVA)

US1489291021 - Common Stock

144.8  +5.11 (+3.66%)

Premarket: 145.99 +1.19 (+0.82%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to CAVA. Both in the recent history as in the last year, CAVA has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month CAVA has a been trading in the 129.50 - 172.43 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CAVA did better than 98% of all other stocks. We also observe that the gains produced by CAVA over the past year are nicely spread over this period.
CAVA is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 99% of 135 stocks in the same industry.
CAVA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CAVA is lagging the market slightly.
CAVA has an average volume of 2679160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CAVA Weekly chart
CAVA Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, CAVA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

97.24

146.25

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 139.33 to 139.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 129.75 to 133.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @104.33 from a trend line in the weekly time frame.
  • Support @101.50 from a trend line in the daily time frame.
  • Support @98.22 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.68
Mansfield5.74
10 Day High172.43
10 Day Low133
20 Day High172.43
20 Day Low129.51
52 Week High172.43
52 Week Low31.47
Performance
1 Week4.67%
2 Weeks2.42%
1 Month4.44%
3 Month18.69%
6 Month74.61%
12 Month322.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.37
RSI(14)59.16
LBB131.32
UBB150.83
CAVA Daily chart

CAVA GROUP INC

NYSE:CAVA (11/21/2024, 8:17:20 PM)

Premarket: 145.99 +1.19 (+0.82%)

144.8

+5.11 (+3.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.66%
1 Week4.67%
2 Weeks2.42%
1 Month4.44%
3 Month18.69%
6 Month74.61%
12 Month322.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)8.01
ATR(20)%4.8%
ATR Inc
Range Today7.93
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High172.43
10 Day Low133
20 Day High172.43
20 Day Low129.51
52 Week High172.43
52 Week Low31.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.54M
Volume Incr49.15%
Vol(5)4.12M
Vol(50)2.68M