CAVA GROUP INC (CAVA) Stock Technical Analysis
NYSE:CAVA - New York Stock Exchange, Inc. - US1489291021 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CAVA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, CAVA did better than 95% of all other stocks. On top of that, CAVA also shows a nice and consistent pattern of rising prices.
CAVA is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 94% of 134 stocks in the same industry.
In the last month CAVA has a been trading in the 109.23 - 126.48 range, which is quite wide. It is currently trading near the high of this range.
CAVA has an average volume of 2831430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CAVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAVA is lagging the market.
Although CAVA has an excellent technical rating, it does not present a decent entry opportunity 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
109.54
149.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 124.34 to 127.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 114.37 to 114.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 110.65 to 111.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @147.80 from a horizontal 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
CRS95.32
Mansfield1.7
10 Day High126.48
10 Day Low110.22
20 Day High126.48
20 Day Low109.23
52 Week High172.43
52 Week Low47.68
Performance
1 Week4.53%
2 Weeks13.45%
1 Month8.13%
3 Month-4.23%
6 Month55.05%
12 Month152.27%
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)1.92
RSI(14)58
LBB108.71
UBB128.3
CAVA GROUP INC
NYSE:CAVA (1/29/2025, 11:34:02 AM)
134.11
+8.15 (+6.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg6.47%
1 Week4.53%
2 Weeks13.45%
1 Month8.13%
3 Month-4.23%
6 Month55.05%
12 Month152.27%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.38
ATR(20)%3.43%
ATR Inc14.69%
Range Today8.01
ADR(20)4.02
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.32
Mansfield1.7
10 Day High126.48
10 Day Low110.22
20 Day High126.48
20 Day Low109.23
52 Week High172.43
52 Week Low47.68
CS1 End114.54
CR1 Start125.97
Volume & EV
DER(3)1.63%
DER(5)0.04%
Volume1.82M
Volume Incr-6.12%
Vol(5)1.91M
Vol(50)2.83M