Overall CAKE gets a technical rating of 3 out of 10. In the past year, CAKE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The technical rating of CAKE is bad and it also does not present a 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
43.79
When analyzing the support we can see 4 important areas.
- A support zone ranging from 49.41 to 49.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @46.81 from a horizontal line in the daily time frame.
- A support zone ranging from 45.67 to 45.68. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 44.23 to 44.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 52.03 to 52.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 CAKE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAKE is up. |
| ChartMill Relative Strength | 48.49 | NEUTRAL | CAKE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAKE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CAKE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CAKE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.26 | NEUTRAL | The RSI value for CAKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests CAKE has a positive trend. |
| Stochastics (14,3) | 88.21 | OVERBOUGHT | The high Stochastics value suggests CAKE may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CAKE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.83 | NEUTRAL | The ADX value for CAKE suggests a possible start of a new trend. |
52.02
+0.36 (+0.7%)
CHEESECAKE FACTORY INC/THE / CAKE FAQ
What is the technical rating for CAKE stock?
ChartMill assigns a technical rating of 3 / 10 to CAKE.
Can you provide the trend direction for CHEESECAKE FACTORY INC/THE?
The current trend direction for CHEESECAKE FACTORY INC/THE (CAKE) is Bearish.
What is the RSI signal for CAKE stock?
CHEESECAKE FACTORY INC/THE (CAKE) has an RSI value of 65.2609. This indicates that the stock is currently neutral.
What is the buy/sell signal for CAKE stock?
The buy/sell signal for CHEESECAKE FACTORY INC/THE (CAKE) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for CHEESECAKE FACTORY INC/THE?
CHEESECAKE FACTORY INC/THE (CAKE) has a support level at 49.83 and a resistance level at 52.03. Check the full technical report for our detailed analysis of CAKE support and resistance levels.