We assign a technical rating of 6 out of 10 to CVGW. In the past year, CVGW was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- CVGW is part of the Food Products industry. There are 87 other stocks in this industry. CVGW outperforms 74% of them.
- When comparing the performance of all stocks over the past year, CVGW turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- CVGW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CVGW is lagging the market.
- In the last month CVGW has a been trading in the 21.05 - 27.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CVGW has an average technical rating and it also 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
22.69
We found 1 important support area.
- A support zone ranging from 22.92 to 23.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.35 to 28.18. 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 | NEUTRAL | NEUTRAL | The long term trend for CVGW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVGW is up. |
| ChartMill Relative Strength | 61.09 | NEUTRAL | CVGW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CVGW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CVGW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CVGW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.86 | NEUTRAL | The RSI value for CVGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests CVGW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.49 | NEUTRAL | The Stochastics value for CVGW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CVGW suggests some volalility. |
| Average Directional Index/ADX (14) | 34.93 | POSITIVE | The high ADX value value for CVGW suggests a strong trend. |
25.15
-0.85 (-3.27%)
CALAVO GROWERS INC / CVGW FAQ
What is the technical rating for CVGW stock?
ChartMill assigns a technical rating of 6 / 10 to CVGW.
Can you provide the trend direction for CALAVO GROWERS INC?
The current trend direction for CALAVO GROWERS INC (CVGW) is Bearish.
Can you provide the RSI signal for CALAVO GROWERS INC?
CALAVO GROWERS INC (CVGW) has an RSI value of 67.8608. This indicates that the stock is currently neutral.
What is the support and resistance level for CVGW stock?
CALAVO GROWERS INC (CVGW) has a support level at 23.12 and a resistance level at 27.35. Check the full technical report for our detailed analysis of CVGW support and resistance levels.