RAVE RESTAURANT GROUP INC (RAVE)
US7541981095 - Common Stock
We assign a technical rating of 4 out of 10 to RAVE. 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.
In the last month RAVE has a been trading in the 2.55 - 3.36 range, which is quite wide. It is currently trading near the lows of this range.
RAVE is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 71% of 133 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, RAVE did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RAVE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RAVE is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
RAVE has an average technical rating and the quality of the presented setup is also not ideal 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
1.65
2.74
5 important support areas can be observed.
- A support zone ranging from 2.65 to 2.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.57 from a horizontal line in the daily time frame.
- Support @1.81 from a trend line in the weekly time frame.
- Support @1.77 from a horizontal line in the weekly time frame.
- Support @1.67 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.71 to 2.71. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS82.67
Mansfield1.56
10 Day High2.7
10 Day Low2.55
20 Day High3.36
20 Day Low2.55
52 Week High3.36
52 Week Low1.64
Performance
1 Week2.27%
2 Weeks0%
1 Month-16.92%
3 Month8.22%
6 Month45.95%
12 Month33%
2 Year50.84%
3 Year193.45%
5 Year69.81%
10 Year-79.12%
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)-0.02
RSI(14)44.39
LBB2.47
UBB2.96
RAVE RESTAURANT GROUP INC
NASDAQ:RAVE (1/3/2025, 8:00:01 PM)
2.7
+0.05 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.89%
1 Week2.27%
2 Weeks0%
1 Month-16.92%
3 Month8.22%
6 Month45.95%
12 Month33%
2 Year50.84%
3 Year193.45%
5 Year69.81%
10 Year-79.12%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%4.76%
ATR Inc-33.55%
Range Today0.08
ADR(20)0.12
ADR(20)%4.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.67
Mansfield1.56
10 Day High2.7
10 Day Low2.55
20 Day High3.36
20 Day Low2.55
52 Week High3.36
52 Week Low1.64
CS1 End2.66
CR1 Start2.71
Volume & EV
DER(3)4.21%
DER(5)2.28%
Volume10.90K
Volume Incr-58.98%
Vol(5)8.62K
Vol(50)33.90K