CAVCO INDUSTRIES INC (CVCO) Stock Technical Analysis
NASDAQ:CVCO - Nasdaq - US1495681074 - Common Stock - Currency: USD
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.
When comparing the yearly performance of all stocks, CVCO is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month CVCO has a been trading in the 393.53 - 528.87 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CVCO is part of the Household Durables industry. There are 64 other stocks in this industry, CVCO did better than 69% of them.
CVCO is currently trading in the middle 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 slightly.
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
392.56
538.50
We can see 3 important resistance areas.
- Resistance @413.42 from a trend line in the daily time frame.
- Resistance @429.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 533.17 to 533.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 28.75 | NEGATIVE | CVCO has a low relative strength, it was outperformed by 71.25% 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) | DOWN | NEGATIVE | The current price of CVCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.96 | OVERSOLD | The low RSI value suggests CVCO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.25 | NEGATIVE | The MACD value suggests CVCO has a negative trend. |
| Stochastics (14,3) | 4.64 | OVERSOLD | The low Stochastics value suggests CVCO may be oversold. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CVCO suggests some volalility. |
| Average Directional Index/ADX (14) | 38.7 | POSITIVE | The high ADX value value for CVCO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
396.53
-19.41 (-4.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-4.67%
1 Week-7.49%
2 Weeks-8.55%
1 Month-23.8%
3 Month-21.76%
6 Month-18.18%
12 Month10.87%
2 Year34.42%
3 Year102.32%
5 Year105.62%
10 Year425.62%
15 Year1027.15%
Volatility
ATR(14)14.99
ATR(20)%4.33%
ATR Inc0.58%
Range Today19.21
ADR(20)16.21
ADR(20)%4.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.75
Mansfield-1.61
10 Day High439.48
10 Day Low393.53
20 Day High528.87
20 Day Low393.53
52 Week High549.99
52 Week Low331.08
CS1 EndN/A
CR1 Start413.42
Volume & EV
DER(3)0.07%
DER(5)2.41%
Volume267.90K
Volume Incr72.01%
Vol(5)224.32K
Vol(50)106.77K