NYSE:CAVA • US1489291021
Overall CAVA gets a technical rating of 4 out of 10. CAVA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
CAVA has an average technical rating and also the quality of the setup is only medium 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.
59.00
We found 2 important support areas.
When analyzing the resistance we notice 2 important 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 | NEUTRAL | NEUTRAL | The long term trend for CAVA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CAVA is neutral. |
| ChartMill Relative Strength | 36.27 | NEUTRAL | CAVA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CAVA is above a declining 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 | NEGATIVE | The current price of CAVA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.49 | NEUTRAL | The RSI value for CAVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CAVA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.78 | NEUTRAL | The Stochastics value for CAVA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for CAVA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.24 | NEGATIVE | The low ADX value for CAVA suggests a weak or negative trend. |
67.73
+4.42 (+6.98%)
ChartMill assigns a technical rating of 4 / 10 to CAVA.
The current trend direction for CAVA GROUP INC (CAVA) is Bearish.
CAVA GROUP INC (CAVA) has an RSI value of 55.4948. This indicates that the stock is currently neutral.
The short term momentum for CAVA GROUP INC (CAVA) is neutral.