CALAVO GROWERS INC (CVGW) Stock Technical Analysis
NASDAQ:CVGW - Nasdaq - US1282461052 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to CVGW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CVGW is only an average performer.
The long and short term trends are both positive. This is looking good!
CVGW is one of the better performing stocks in the Food Products industry, it outperforms 81% of 89 stocks in the same industry.
CVGW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that CVGW is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
CVGW is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Besides having an excellent technical rating, CVGW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 27.93. Right above this resistance zone may be a good entry point. 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
21.48
29.94
5 important support areas can be observed.
- Support @26.80 from a horizontal line in the daily time frame.
- A support zone ranging from 23.58 to 23.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.61 from a trend line in the weekly time frame.
- Support @22.09 from a horizontal line in the daily time frame.
- Support @21.70 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 27.93 to 28.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 28.68 to 29.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.76
Mansfield0.72
10 Day High28.37
10 Day Low26.01
20 Day High28.37
20 Day Low22.34
52 Week High30.58
52 Week Low20.3
Performance
1 Week-0.22%
2 Weeks3.74%
1 Month13.79%
3 Month18.61%
6 Month0.44%
12 Month-4%
2 Year-16.02%
3 Year-20.26%
5 Year-53.6%
10 Year-46.18%
15 Year70.01%
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)61.34
LBB24.22
UBB28.97
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 |
|---|---|---|---|
| 28.12 | 26.79 | 1.33 (4.73%) | 21.14% |
| An entry @28.12. This is a Buy Stop order right above the resistance zone. | An exit @26.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.33 points, which is 4.73%. | For a 1.00% total portfolio risk, you can invest 21.14% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CVGW. Please evaluate whether better entry and exit points can be found.
- 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.
27.15
+0.13 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.48%
1 Week-0.22%
2 Weeks3.74%
1 Month13.79%
3 Month18.61%
6 Month0.44%
12 Month-4%
2 Year-16.02%
3 Year-20.26%
5 Year-53.6%
10 Year-46.18%
15 Year70.01%
Volatility
ATR(14)1.06
ATR(20)%3.99%
ATR Inc-56.47%
Range Today0.36
ADR(20)1.05
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.76
Mansfield0.72
10 Day High28.37
10 Day Low26.01
20 Day High28.37
20 Day Low22.34
52 Week High30.58
52 Week Low20.3
CS1 End26.8
CR1 Start27.93
Volume & EV
DER(3)1.35%
DER(5)0.29%
Volume224.40K
Volume Incr-0.45%
Vol(5)246.28K
Vol(50)217.52K