RAVE RESTAURANT GROUP INC (RAVE) Stock Technical Analysis
NASDAQ:RAVE • US7541981095
Overall RAVE gets a technical rating of 3 out of 10. RAVE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RAVE has a been trading in the 3.04 - 3.60 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RAVE is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 75% of 126 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, RAVE outperforms 62% of them, which is more or less in line with the market.
- RAVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RAVE is lagging the market.
RAVE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.80, a Stop Loss order could be placed below this zone.
More info and screens
2.63
We found 2 important support areas.
- A support zone ranging from 2.78 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.14 to 3.35. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for RAVE is down. |
| ChartMill Relative Strength | 62.87 | NEUTRAL | RAVE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RAVE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RAVE is below the rising 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) | 41.07 | NEUTRAL | The RSI value for RAVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RAVE has a negative trend. |
| Stochastics (14,3) | 14.13 | OVERSOLD | The low Stochastics value suggests RAVE may be oversold. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for RAVE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for RAVE suggests a possible start of a new trend. |
NASDAQ:RAVE (2/20/2026, 8:01:15 PM)
3.07
-0.1 (-3.15%)
RAVE RESTAURANT GROUP INC / RAVE FAQ
Can you provide the ChartMill technical rating for RAVE RESTAURANT GROUP INC?
ChartMill assigns a technical rating of 3 / 10 to RAVE.
What is the trend direction for 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 41.071. This indicates that the stock is currently neutral.
What is the MACD signal for RAVE stock?
The MACD indicator for RAVE RESTAURANT GROUP INC (RAVE) has a value of -0.0334742, indicating a bearish trend.
What is the support and resistance level for RAVE stock?
RAVE RESTAURANT GROUP INC (RAVE) has a support level at 2.8 and a resistance level at 3.14. Check the full technical report for our detailed analysis of RAVE support and resistance levels.