CARAVELLE INTERNATIONAL GROU (CACO) Technical Analysis
NASDAQ:CACO • KYG1901X1088
Current stock price
CACO Technical Rating and Analysis
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.
- When comparing the yearly performance of all stocks, CACO is a bad performer in the overall market: 91% of all stocks are doing better.
- CACO is part of the Marine Transportation industry. There are 35 other stocks in this industry, of which 76% are performing better than CACO.
- CACO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CACO is lagging the market.
- 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 Weekly and Daily overview Charts
CACO Setup Rating and Analysis
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
CACO Support and Resistance Analysis
0.44
We found 1 important resistance area.
- Resistance @0.49 from a horizontal line in the daily time frame.
CACO Technical Indicator Signal Analysis
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. |
CACO Chart- and CandleStick Pattern Analysis
CACO Technicals: Chart, Performance Metrics, Trend & Indicators
0.4401
-0.02 (-3.78%)
CARAVELLE INTERNATIONAL GROU / CACO TA FAQ
What is the ChartMill technical rating of CARAVELLE INTERNATIONAL GROU (CACO) stock?
ChartMill assigns a technical rating of 3 / 10 to CACO.
What is the trend direction for CACO stock?
The current trend direction for CARAVELLE INTERNATIONAL GROU (CACO) is Bearish.
What is the RSI signal for CARAVELLE INTERNATIONAL GROU (CACO) stock?
CARAVELLE INTERNATIONAL GROU (CACO) has an RSI value of 53.5888. This indicates that the stock is currently neutral.
What is the MACD signal for CARAVELLE INTERNATIONAL GROU (CACO) stock?
The MACD indicator for CARAVELLE INTERNATIONAL GROU (CACO) has a value of 0.0161613, indicating a bearish trend.
What is the short term momentum for CARAVELLE INTERNATIONAL GROU (CACO) stock?
The short term momentum for CARAVELLE INTERNATIONAL GROU (CACO) is positive.