CALAVO GROWERS INC (CVGW) Stock Technical Analysis
USA - NASDAQ:CVGW - US1282461052 - Common Stock
23.7 USD
-0.09 (-0.38%)
23.7 USD
0 (0%)
We assign a technical rating of 0 out of 10 to CVGW. CVGW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, CVGW is a bad performer in the overall market: 81% of all stocks are doing better.
CVGW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CVGW has a been trading in the 23.54 - 26.77 range, which is quite wide. It is currently trading near the lows of this range.
CVGW is part of the Food Products industry. There are 87 other stocks in this industry, CVGW did better than 51% of them.
The technical rating of CVGW is bad and it also does not present a 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
23.20
29.70
When analyzing the support we notice one important area.
- A support zone ranging from 23.43 to 23.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 23.71 to 23.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.86 to 26.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.49 to 28.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.41 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 | DOWN | NEGATIVE | The long term trend for CVGW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CVGW is down. |
| ChartMill Relative Strength | 19.29 | NEGATIVE | CVGW has a low relative strength, it was outperformed by 80.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CVGW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CVGW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CVGW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.14 | OVERSOLD | The low RSI value suggests CVGW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests CVGW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.03 | OVERSOLD | The low Stochastics value suggests CVGW may be oversold. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for CVGW suggests some volalility. |
| Average Directional Index/ADX (14) | 33.09 | POSITIVE | The high ADX value value for CVGW 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)
23.7
-0.09 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.38%
1 Week-5.16%
2 Weeks-6.73%
1 Month-10.94%
3 Month-9.95%
6 Month-12.9%
12 Month-10.04%
2 Year-6.47%
3 Year-31.48%
5 Year-64.7%
10 Year-53.9%
15 Year8.22%
Volatility
ATR(14)0.64
ATR(20)%2.58%
ATR Inc-51.32%
Range Today0.31
ADR(20)0.61
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.29
Mansfield-1.77
10 Day High25.49
10 Day Low23.54
20 Day High26.77
20 Day Low23.54
52 Week High30.02
52 Week Low21.46
CS1 End23.7
CR1 Start23.71
Volume & EV
DER(3)2.04%
DER(5)1.56%
Volume161.47K
Volume Incr-19.93%
Vol(5)153.15K
Vol(50)177.44K