RAVE RESTAURANT GROUP INC (RAVE) Stock Technical Analysis
NASDAQ:RAVE - Nasdaq - US7541981095 - Common Stock - Currency: USD
Overall RAVE gets a technical rating of 4 out of 10. RAVE has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: RAVE has an average volume of 26944 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month RAVE has a been trading in the 2.28 - 2.69 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, RAVE did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RAVE is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 62% of 135 stocks in the same industry.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RAVE has an average technical rating and it also does not offer a high 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
1.65
2.92
We found 7 important support areas.
- Support @2.72 from a horizontal line in the daily time frame.
- A support zone ranging from 2.57 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.34 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.30 from a horizontal line in the daily time frame.
- Support @1.84 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.01
Mansfield0.74
10 Day High2.68
10 Day Low2.33
20 Day High2.69
20 Day Low2.28
52 Week High3.36
52 Week Low1.64
Performance
1 Week6.67%
2 Weeks10.82%
1 Month-4.48%
3 Month-11.42%
6 Month42.22%
12 Month35.45%
2 Year59.01%
3 Year137.04%
5 Year104.8%
10 Year-80.34%
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)0.03
RSI(14)51.31
LBB2.29
UBB2.65
NASDAQ:RAVE (2/24/2025, 2:58:28 PM)
2.89
+0.33 (+12.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg12.89%
1 Week6.67%
2 Weeks10.82%
1 Month-4.48%
3 Month-11.42%
6 Month42.22%
12 Month35.45%
2 Year59.01%
3 Year137.04%
5 Year104.8%
10 Year-80.34%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%5.51%
ATR Inc-26.31%
Range Today0.4
ADR(20)0.14
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.01
Mansfield0.74
10 Day High2.68
10 Day Low2.33
20 Day High2.69
20 Day Low2.28
52 Week High3.36
52 Week Low1.64
CS1 End2.37
CR1 Start2.57
Volume & EV
DER(3)-7.69%
DER(5)7.98%
Volume169.55K
Volume Incr541.65%
Vol(5)120.02K
Vol(50)26.94K