CAVCO INDUSTRIES INC (CVCO) Stock Technical Analysis
NASDAQ:CVCO - US1495681074 - Common Stock
530.49 USD
+0.11 (+0.02%)
530.49 USD
0 (0%)
We assign a technical rating of 10 out of 10 to CVCO. Both in the recent history as in the last year, CVCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CVCO did better than 83% of all other stocks.
CVCO is one of the better performing stocks in the Household Durables industry, it outperforms 88% of 63 stocks in the same industry.
CVCO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CVCO is lagging the market slightly.
In the last month CVCO has a been trading in the 422.26 - 536.57 range, which is quite wide. It is currently trading near the high of this range.
Although CVCO has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
392.56
544.50
We found 3 important support areas.
- A support zone ranging from 480.21 to 486.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @415.26 from a trend line in the weekly time frame.
- Support @396.53 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 533.17 to 539.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for CVCO is up. |
| ChartMill Relative Strength | 83.74 | POSITIVE | CVCO has a high relative strength, it outperformed 83.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVCO is above the rising 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) | 77.16 | OVERBOUGHT | The high RSI value suggests CVCO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.64 | POSITIVE | The MACD value suggests CVCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.29 | OVERBOUGHT | The high Stochastics value suggests CVCO may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for CVCO suggests some volalility. |
| Average Directional Index/ADX (14) | 37.06 | 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)
530.49
+0.11 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.02%
1 Week2.11%
2 Weeks10.47%
1 Month25.47%
3 Month22.35%
6 Month1.14%
12 Month28.35%
2 Year89.79%
3 Year126.7%
5 Year177.87%
10 Year641.43%
15 Year1483.08%
Volatility
ATR(14)17.37
ATR(20)%2.98%
ATR Inc17.61%
Range Today27.77
ADR(20)15.19
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.74
Mansfield0.31
10 Day High536.57
10 Day Low477.41
20 Day High536.57
20 Day Low422.26
52 Week High549.99
52 Week Low390.46
CS1 End486.13
CR1 Start533.17
Volume & EV
DER(3)1.56%
DER(5)1.6%
Volume99.80K
Volume Incr23.43%
Vol(5)154.70K
Vol(50)151.92K