NYSE:CAVA • US1489291021
Overall CAVA gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CAVA is showing a nice and steady performance.
CAVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
65.42
3 important support areas can be observed.
We can see 3 important resistance areas.
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 | UP | POSITIVE | The long term trend for CAVA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CAVA is up. |
| ChartMill Relative Strength | 86.46 | POSITIVE | CAVA has a high relative strength, it outperformed 86.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CAVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CAVA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of CAVA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.63 | NEUTRAL | The RSI value for CAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CAVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.55 | NEUTRAL | The Stochastics value for CAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for CAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.13 | POSITIVE | The high ADX value value for CAVA suggests a strong trend. |
80.35
-0.15 (-0.19%)
ChartMill assigns a technical rating of 9 / 10 to CAVA.
The current trend direction for CAVA GROUP INC (CAVA) is Bullish.
CAVA GROUP INC (CAVA) has an RSI value of 60.6328. This indicates that the stock is currently neutral.
The short term momentum for CAVA GROUP INC (CAVA) is positive.
The buy/sell signal for CAVA GROUP INC (CAVA) is buy as both the short term and long term trends are positive.