Taking everything into account, CVGW scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. CVGW was also a bad performer in the overall market in the last year.
The technical rating of CVGW 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
21.29
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.52 to 21.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 27.45 to 27.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @28.18 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CVGW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVGW is up. |
| ChartMill Relative Strength | 15.59 | NEGATIVE | CVGW has a low relative strength, it was outperformed by 84.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVGW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVGW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVGW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | NEUTRAL | The RSI value for CVGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests CVGW has a positive trend. |
| Stochastics (14,3) | 94.26 | OVERBOUGHT | The high Stochastics value suggests CVGW may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for CVGW suggests some volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for CVGW suggests a possible start of a new trend. |
21.51
+0.07 (+0.33%)
CALAVO GROWERS INC / CVGW FAQ
What is the technical rating for CVGW stock?
ChartMill assigns a technical rating of 2 / 10 to CVGW.
What is the trend direction for CVGW stock?
The current trend direction for CALAVO GROWERS INC (CVGW) is Bearish.
What is the RSI signal for CVGW stock?
CALAVO GROWERS INC (CVGW) has an RSI value of 55.6139. This indicates that the stock is currently neutral.
What is the short term momentum for CALAVO GROWERS INC (CVGW) stock?
The short term momentum for CALAVO GROWERS INC (CVGW) is positive.
What is the support and resistance level for CVGW stock?
CALAVO GROWERS INC (CVGW) has a resistance level at 21.52. Check the full technical report for our detailed analysis of CVGW support and resistance levels.