CARAVELLE INTERNATIONAL GROU (CACO)

KYG1901X1088 - Common Stock

1.0281  0 (-0.18%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to CACO. Both in the recent history as in the last year, CACO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CACO is one of the better performing stocks in the Marine Transportation industry, it outperforms 78% of 29 stocks in the same industry.
Looking at the yearly performance, CACO did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CACO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CACO is lagging the market.
In the last month CACO has a been trading in the 0.71 - 1.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CACO Weekly chart
CACO Daily chart
Setup Rating and Analysis

6

Although CACO has an excellent technical rating, the quality of the presented setup is 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.

Support and Resistance Analysis

0.70

1.16

3 important support areas can be observed.

  • A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.79 from a trend line in the daily time frame.
  • Support @0.71 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 1.13 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.5
Mansfield4.31
10 Day High1.18
10 Day Low0.9
20 Day High1.18
20 Day Low0.71
52 Week High1.21
52 Week Low0.44
Performance
1 Week-3.01%
2 Weeks0.79%
1 Month18.17%
3 Month71.46%
6 Month80.31%
12 Month60.64%
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)0
RSI(14)56.11
LBB0.98
UBB1.09
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
1.161.010.15 (12.93%)7.73%
An entry @1.16. This is a Buy Stop order right above the resistance zone.An exit @1.01. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.15 points, which is 12.93%.When investing 7.73% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of CACO. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
CACO Daily chart

CARAVELLE INTERNATIONAL GROU

NASDAQ:CACO (5/31/2024, 7:27:37 PM)

1.0281

0 (-0.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.18%
1 Week-3.01%
2 Weeks0.79%
1 Month18.17%
3 Month71.46%
6 Month80.31%
12 Month60.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%10.58%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.18
10 Day Low0.9
20 Day High1.18
20 Day Low0.71
52 Week High1.21
52 Week Low0.44
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume25.00K
Volume Incr-76.86%
Vol(5)64.78K
Vol(50)212.57K