RAVE RESTAURANT GROUP INC (RAVE) Stock Technical Analysis
NASDAQ:RAVE - Nasdaq - US7541981095 - Common Stock - Currency: USD
Taking everything into account, RAVE scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, RAVE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: RAVE has an average volume of 20312 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
RAVE is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. RAVE outperforms 71% of them.
Looking at the yearly performance, RAVE did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
In the last month RAVE has a been trading in the 2.36 - 2.95 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.
Besides having an excellent technical rating, RAVE also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.56, a Stop Loss order could be placed below this zone.
More info and screens
1.65
3.25
We found 4 important support areas.
- A support zone ranging from 2.56 to 2.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.38 to 2.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.77 from a horizontal line in the weekly time frame.
- Support @1.67 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.66 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.79 to 2.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.04 from a trend line in the daily time frame.
- Resistance @3.22 from a horizontal line in the weekly time frame.
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 RAVE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RAVE is neutral. |
| ChartMill Relative Strength | 85.83 | POSITIVE | RAVE has a high relative strength, it outperformed 85.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RAVE is below the rising 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) | 46.94 | NEUTRAL | The RSI value for RAVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RAVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.03 | NEUTRAL | The Stochastics value for RAVE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for RAVE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.22 | NEUTRAL | The ADX value for RAVE suggests a possible start of a new 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)
NASDAQ:RAVE (7/15/2025, 8:16:47 PM)
2.66
-0.15 (-5.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-5.34%
1 Week-5.67%
2 Weeks-3.27%
1 Month9.02%
3 Month17.18%
6 Month1.53%
12 Month41.49%
2 Year22.02%
3 Year97.04%
5 Year369.38%
10 Year-78.69%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.86%
ATR Inc86.35%
Range Today0.12
ADR(20)0.13
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.83
Mansfield-0.15
10 Day High2.95
10 Day Low2.66
20 Day High2.95
20 Day Low2.36
52 Week High3.36
52 Week Low1.7
CS1 End2.56
CR1 Start2.66
Volume & EV
DER(3)2.52%
DER(5)-14.03%
Volume16.20K
Volume Incr21.35%
Vol(5)30.30K
Vol(50)20.31K