CARAVELLE INTERNATIONAL GROU (CACO) Stock Technical Analysis
NASDAQ:CACO - Nasdaq - KYG1901X1088 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to CACO. Recently some decent action could be observed, but in the medium term time frame this is still negative. CACO was also a bad performer in the overall market in the last year.
91% of all other stocks performed better in the past year than CACO.
CACO is part of the Marine Transportation industry. There are 36 other stocks in this industry, of which 62% are performing better than CACO.
CACO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month CACO has a been trading in the 0.21 - 0.50 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CACO has a poor technical rating and the quality of the setup is also not perfect 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
0.44
0.49
We found 1 important resistance area.
- Resistance @0.49 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 CACO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CACO is up. |
| ChartMill Relative Strength | 9.94 | NEGATIVE | CACO has a low relative strength, it was outperformed by 90.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CACO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CACO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CACO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.59 | NEUTRAL | The RSI value for CACO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CACO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.53 | OVERBOUGHT | The high Stochastics value suggests CACO may be overbought. |
| Average True Range in percent/ATR (20) | 13.87 | HIGH VOLATILITY | The high ATR as a percentage value for CACO suggests high volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for CACO suggests a weak or negative trend. |
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)
0.4401
-0.02 (-3.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-3.78%
1 Week6.25%
2 Weeks41.97%
1 Month7.87%
3 Month-22.22%
6 Month-21.69%
12 Month-35.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%13.87%
ATR Inc-38.59%
Range Today0.05
ADR(20)0.06
ADR(20)%13.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.94
Mansfield-3.74
10 Day High0.5
10 Day Low0.3
20 Day High0.5
20 Day Low0.21
52 Week High1.21
52 Week Low0.21
CS1 EndN/A
CR1 Start0.49
Volume & EV
DER(3)-22.97%
DER(5)-22.04%
Volume1.50K
Volume Incr-73.61%
Vol(5)20.62K
Vol(50)135.71K