RAVE RESTAURANT GROUP INC (RAVE) Stock Technical Analysis
USA - NASDAQ:RAVE - US7541981095 - Common Stock
Taking everything into account, RAVE scores 5 out of 10 in our technical rating. In the last year, RAVE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, RAVE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.00, a Stop Loss order could be placed below this zone.
More info and screens
2.33
3 important support areas can be observed.
- A support zone ranging from 2.95 to 3.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.60 from a trend line in the weekly time frame.
- A support zone ranging from 2.35 to 2.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.06 to 3.08. 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 RAVE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAVE is up. |
| ChartMill Relative Strength | 48.5 | NEUTRAL | RAVE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RAVE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.22 | NEUTRAL | The RSI value for RAVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RAVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.38 | OVERBOUGHT | The high Stochastics value suggests RAVE may be overbought. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for RAVE suggests high volalility. |
| Average Directional Index/ADX (14) | 35.01 | POSITIVE | The high ADX value value for RAVE suggests a strong trend. |
NASDAQ:RAVE (11/21/2025, 1:16:32 PM)
3.0498
-0.02 (-0.66%)
RAVE RESTAURANT GROUP INC / RAVE FAQ
Can you provide the ChartMill technical rating for RAVE RESTAURANT GROUP INC?
ChartMill assigns a technical rating of 5 / 10 to RAVE.
What is the current trend direction of RAVE RESTAURANT GROUP INC (RAVE) stock?
The current trend direction for RAVE RESTAURANT GROUP INC (RAVE) is Bearish.
Can you provide the RSI signal for RAVE RESTAURANT GROUP INC?
RAVE RESTAURANT GROUP INC (RAVE) has an RSI value of 60.2198. This indicates that the stock is currently neutral.
What is the MACD signal for RAVE RESTAURANT GROUP INC (RAVE) stock?
The MACD indicator for RAVE RESTAURANT GROUP INC (RAVE) has a value of 0.055578, indicating a bearish trend.
What are the support and resistance levels for RAVE RESTAURANT GROUP INC (RAVE) stock?
RAVE RESTAURANT GROUP INC (RAVE) has a support level at 3 and a resistance level at 3.08. Check the full technical report for our detailed analysis of RAVE support and resistance levels.