CAVA GROUP INC (CAVA) Stock Technical Analysis
NYSE:CAVA - New York Stock Exchange, Inc. - US1489291021 - Common Stock - Currency: USD
Taking everything into account, CAVA scores 1 out of 10 in our technical rating. CAVA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
CAVA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CAVA is lagging the market.
In the last month CAVA has a been trading in the 87.23 - 144.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CAVA has an average volume of 2615720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, CAVA outperforms 43% of them, which is more or less in line with the market.
CAVA is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry, CAVA did better than 50% of them.
The technical rating of CAVA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
86.77
140.81
When analyzing the resistance we notice 2 important areas.
- Resistance @132.85 from a trend line in the weekly time frame.
- Resistance @139.42 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.86
Mansfield-1.92
10 Day High134.73
10 Day Low87.23
20 Day High144.49
20 Day Low87.23
52 Week High172.43
52 Week Low58.22
Performance
1 Week-15.9%
2 Weeks-33.13%
1 Month-35.1%
3 Month-41.91%
6 Month-24.52%
12 Month38.38%
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)-4.5
RSI(14)24.69
LBB80.09
UBB145.23
87.65
-7.38 (-7.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-7.77%
1 Week-15.9%
2 Weeks-33.13%
1 Month-35.1%
3 Month-41.91%
6 Month-24.52%
12 Month38.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.62
ATR(20)%8.02%
ATR Inc2.65%
Range Today8.28
ADR(20)6.81
ADR(20)%7.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.86
Mansfield-1.92
10 Day High134.73
10 Day Low87.23
20 Day High144.49
20 Day Low87.23
52 Week High172.43
52 Week Low58.22
CS1 EndN/A
CR1 Start132.85
Volume & EV
DER(3)-1.04%
DER(5)-1.31%
Volume4.30M
Volume Incr176.71%
Vol(5)6.40M
Vol(50)2.62M