CAVCO INDUSTRIES INC (CVCO) Stock Technical Analysis
USA - NASDAQ:CVCO - US1495681074 - Common Stock
556.53 USD
-7.09 (-1.26%)
556.531 USD
0 (0%)
Taking everything into account, CVCO scores 9 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
CVCO is part of the Household Durables industry. There are 63 other stocks in this industry. CVCO outperforms 88% of them.
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 481.98 - 574.20 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that CVCO is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
CVCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 550.34, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
392.56
569.27
3 important support areas can be observed.
- A support zone ranging from 537.22 to 550.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @420.37 from a trend line in the weekly time frame.
- Support @396.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 556.54 to 563.63. 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 | 85.96 | POSITIVE | CVCO has a high relative strength, it outperformed 85.96% 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) | 64.93 | NEUTRAL | The RSI value for CVCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.39 | NEGATIVE | The MACD value suggests CVCO has a negative trend. |
| Stochastics (14,3) | 71.29 | NEUTRAL | The Stochastics value for CVCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for CVCO suggests some volalility. |
| Average Directional Index/ADX (14) | 44.9 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 563.64 | 537.21 | 26.43 (4.69%) | 21.33% |
| An entry @563.64. This is a Buy Stop order right above the resistance zone. | An exit @537.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 26.43 points, which is 4.69%. | For a 1.00% total portfolio risk, you can invest 21.33% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
556.53
-7.09 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.26%
1 Week2.12%
2 Weeks1.96%
1 Month14.21%
3 Month40.1%
6 Month8.51%
12 Month27.71%
2 Year109.49%
3 Year170.48%
5 Year208.65%
10 Year717.35%
15 Year1449.79%
Volatility
ATR(14)16.64
ATR(20)%3.16%
ATR Inc-7.11%
Range Today14.21
ADR(20)17.27
ADR(20)%3.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.96
Mansfield0.45
10 Day High574.2
10 Day Low533.3
20 Day High574.2
20 Day Low481.98
52 Week High574.2
52 Week Low393.53
CS1 End550.34
CR1 Start556.54
Volume & EV
DER(3)2.74%
DER(5)1.37%
Volume289.10K
Volume Incr56.55%
Vol(5)262.86K
Vol(50)152.57K