Overall CVCO gets a technical rating of 5 out of 10. In the last year, CVCO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
CVCO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 557.01, a Stop Loss order could be placed below this zone.
More info and screens
424.55
When analyzing the support we can see 3 important areas.
- A support zone ranging from 544.35 to 557.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 493.34 to 497.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @428.84 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @595.66 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for CVCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CVCO is neutral. |
| ChartMill Relative Strength | 73.21 | POSITIVE | CVCO has a high relative strength, it outperformed 73.21% 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 | MIXED | The current price of CVCO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.33 | NEUTRAL | The RSI value for CVCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.25 | NEGATIVE | The MACD value suggests CVCO has a negative trend. |
| Stochastics (14,3) | 47.04 | NEUTRAL | The Stochastics value for CVCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for CVCO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.54 | NEGATIVE | The low ADX value for CVCO suggests a weak or negative trend. |
561.18
-17.46 (-3.02%)
CAVCO INDUSTRIES INC / CVCO FAQ
What is the technical rating for CVCO stock?
ChartMill assigns a technical rating of 5 / 10 to CVCO.
What is the current trend direction of CAVCO INDUSTRIES INC (CVCO) stock?
The current trend direction for CAVCO INDUSTRIES INC (CVCO) is Bullish.
Can you provide the RSI signal for CAVCO INDUSTRIES INC?
CAVCO INDUSTRIES INC (CVCO) has an RSI value of 47.3292. This indicates that the stock is currently neutral.
What is the MACD signal for CVCO stock?
The MACD indicator for CAVCO INDUSTRIES INC (CVCO) has a value of -1.25316, indicating a bearish trend.