CAVCO INDUSTRIES INC (CVCO) Technical Analysis
NASDAQ:CVCO • US1495681074
Current stock price
CVCO Technical Rating and Analysis
Overall CVCO gets a technical rating of 0 out of 10. CVCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 81% of all other stocks performed better in the past year than CVCO.
- CVCO is part of the Household Durables industry. There are 60 other stocks in this industry, of which 62% are performing better than CVCO.
- CVCO 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 CVCO is lagging the market.
- In the last month CVCO has a been trading in the 454.87 - 596.66 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
CVCO Weekly and Daily overview Charts
CVCO Setup Rating and Analysis
The technical rating of CVCO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CVCO Support and Resistance Analysis
441.78
We found 1 important support area.
- Support @446.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @511.30 from a horizontal line in the daily time frame.
CVCO 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 CVCO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVCO is down. |
| ChartMill Relative Strength | 19.38 | NEGATIVE | CVCO has a low relative strength, it was outperformed by 80.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CVCO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.35 | OVERSOLD | The low RSI value suggests CVCO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.76 | NEGATIVE | The MACD value suggests CVCO has a negative trend. |
| Stochastics (14,3) | 3.26 | OVERSOLD | The low Stochastics value suggests CVCO may be oversold. |
| Average True Range in percent/ATR (20) | 4.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CVCO suggests some volalility. |
| Average Directional Index/ADX (14) | 27.54 | POSITIVE | The high ADX value value for CVCO suggests a strong trend. |
CVCO Chart- and CandleStick Pattern Analysis
CVCO Technicals: Chart, Performance Metrics, Trend & Indicators
460.16
-10.31 (-2.19%)
CAVCO INDUSTRIES INC / CVCO TA FAQ
What is the technical rating for CVCO stock?
ChartMill assigns a technical rating of 0 / 10 to CVCO.
Can you provide the trend direction for CAVCO INDUSTRIES INC?
The current trend direction for CAVCO INDUSTRIES INC (CVCO) is Bearish.
Can you provide the RSI signal for CAVCO INDUSTRIES INC?
CAVCO INDUSTRIES INC (CVCO) has an RSI value of 26.3472. This indicates that the stock is currently oversold.
What is the short term momentum for CAVCO INDUSTRIES INC (CVCO) stock?
The short term momentum for CAVCO INDUSTRIES INC (CVCO) is negative.
Can you provide the support and resistance levels for CAVCO INDUSTRIES INC?
CAVCO INDUSTRIES INC (CVCO) has a support level at 446.24 and a resistance level at 511.3. Check the full technical report for our detailed analysis of CVCO support and resistance levels.