Londinia Opportunities Analyses - 05/06/2024 (GMT) CAVCO INDUSTRIES INC. - 1H
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 380.67 USD
My targets
391.61 USD (+2.00%)
399.06 USD (+3.94%)
My analysis
CAVCO INDUSTRIES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 380.67 USD. The next resistance located at 391.61 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 399.06 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.8
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Additional analysis
Quotes
The CAVCO INDUSTRIES INC. rating is 383.94 USD. On the day, this instrument gained +1.76% with the lowest point at 379.32 USD and the highest point at 385.50 USD. The deviation from the price is +1.22% for the low point and -0.40% for the high point.379.32
385.50
383.94
Here is a more detailed summary of the historical variations registered by CAVCO INDUSTRIES INC.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAVCO INDUSTRIES INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 369.56 | 375.17 | 380.67 | 383.94 | 391.61 | 399.06 |
| Change (%) | -3.75% | -2.28% | -0.85% | - | +2.00% | +3.94% |
| Change | -14.38 | -8.77 | -3.27 | - | +7.67 | +15.12 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 360.22 | 368.35 | 372.82 | 380.95 | 385.42 | 393.55 | 398.02 |
| Camarilla | 373.84 | 374.99 | 376.15 | 377.30 | 378.46 | 379.61 | 380.77 |
| Woodie | 358.40 | 367.44 | 371.00 | 380.04 | 383.60 | 392.64 | 396.20 |
| Fibonacci | 368.35 | 373.16 | 376.13 | 380.95 | 385.76 | 388.73 | 393.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 333.62 | 347.07 | 362.18 | 375.63 | 390.74 | 404.19 | 419.30 |
| Camarilla | 369.45 | 372.06 | 374.68 | 377.30 | 379.92 | 382.54 | 385.15 |
| Woodie | 334.46 | 347.49 | 363.02 | 376.05 | 391.58 | 404.61 | 420.14 |
| Fibonacci | 347.07 | 357.98 | 364.72 | 375.63 | 386.54 | 393.28 | 404.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 286.20 | 316.52 | 340.36 | 370.68 | 394.52 | 424.84 | 448.68 |
| Camarilla | 349.32 | 354.28 | 359.25 | 364.21 | 369.18 | 374.14 | 379.10 |
| Woodie | 282.97 | 314.90 | 337.13 | 369.06 | 391.29 | 423.22 | 445.45 |
| Fibonacci | 316.52 | 337.21 | 349.99 | 370.68 | 391.37 | 404.15 | 424.84 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.66 | |
| MACD (12,26,9): | 3.8500 | |
| Directional Movement: | 25.84 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 381.58 | |
| Parabolic SAR (0,02-0,02-0,2): | 369.68 | |
| Elder Ray (13): | 5.44 | |
| Super Trend (3,10): | 373.11 | |
| Zig ZAG (10): | 385.40 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 77.33 | |
| TEMA (21): | 383.89 | |
| Williams %R (14): | -17.74 | |
| Chande Momentum Oscillator (20): | 15.35 | |
| Repulse (5,40,3): | -0.3900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 7.13 |
| MA7: | 373.00 | |
| MA20: | 369.23 | |
| MA50: | 374.22 | |
| MA100: | 356.78 | |
| MAexp7: | 381.61 | |
| MAexp20: | 376.80 | |
| MAexp50: | 372.42 | |
| MAexp100: | 370.87 | |
| Price / MA7: | +2.93% | |
| Price / MA20: | +3.98% | |
| Price / MA50: | +2.60% | |
| Price / MA100: | +7.61% | |
| Price / MAexp7: | +0.61% | |
| Price / MAexp20: | +1.89% | |
| Price / MAexp50: | +3.09% | |
| Price / MAexp100: | +3.52% |
Quotes :
-
15 min delayed data
-
Actions NASDAQ
News
Don't forget to follow the news on CAVCO INDUSTRIES INC.. At the time of publication of this analysis, the latest news was as follows:
- ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO
- CVCO SHAREHOLDER ALERT: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation – CVCO
- ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO
- TOP RANKED ROSEN LAW FIRM Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO
- CVCO EQUITY ALERT: ROSEN, A LEADING LAW FIRM, Encourages Cavco Industries, Inc. Investors to Inquire About Securities Class Action Investigation - CVCO