CALAVO GROWERS INC (CVGW) Stock Technical Analysis
NASDAQ:CVGW - Nasdaq - US1282461052 - Common Stock - Currency: USD
Taking everything into account, CVGW scores 8 out of 10 in our technical rating. 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 79% of 89 stocks in the same industry.
In the last month CVGW has a been trading in the 24.93 - 27.74 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, CVGW did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CVGW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CVGW is lagging the market slightly.
CVGW has an excellent technical rating, but the quality of the setup is only medium 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
21.87
29.94
4 important support areas can be observed.
- A support zone ranging from 26.47 to 26.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.51 to 26.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.83 from a trend line in the weekly time frame.
- Support @22.09 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 27.69 to 27.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.41 to 29.64. 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 CVGW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CVGW is up. |
| ChartMill Relative Strength | 79.4 | POSITIVE | CVGW has a high relative strength, it outperformed 79.4% off all stocks 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) | 60.33 | NEUTRAL | The RSI value for CVGW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests CVGW has a positive trend. |
| Stochastics (14,3) | 69.21 | NEUTRAL | The Stochastics value for CVGW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for CVGW suggests some volalility. |
| Average Directional Index/ADX (14) | 19.41 | NEGATIVE | The low ADX value for CVGW suggests a weak or negative 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)
27.68
+1.07 (+4.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg4.02%
1 Week0.47%
2 Weeks8.51%
1 Month5.97%
3 Month17.29%
6 Month6.79%
12 Month8.93%
2 Year-4.62%
3 Year-33.65%
5 Year-56%
10 Year-46.7%
15 Year54.12%
Volatility
ATR(14)0.75
ATR(20)%2.93%
ATR Inc25.45%
Range Today1.07
ADR(20)0.8
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.4
Mansfield0.46
10 Day High27.74
10 Day Low25.32
20 Day High27.74
20 Day Low24.93
52 Week High30.58
52 Week Low20.3
CS1 End26.87
CR1 Start27.69
Volume & EV
DER(3)2.92%
DER(5)2.34%
Volume269.30K
Volume Incr47.88%
Vol(5)287.58K
Vol(50)228.52K