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Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

The Cheesecake Factory Incorporated (NASDAQ:CAKE)

Countertrend Up (+85) - CAKE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid CAKE?

MarketClub looks at technical strength and momentum to determine if the timing is right for CAKE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CAKE
Open High Low CAKE Price Change
37.120 37.530 36.850 37.485 +0.665
Entry Signal

MarketClub’s Trade Triangles for CAKE

long term up The long-term trend has been UP since Dec 4th, 2023 at 33.45

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 35.63

short term down The short-term trend has been DOWN since May 17th, 2024 at 39.40

Smart Scan Analysis for CAKE

Based on our trend formula, CAKE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CAKE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.120 37.530 36.850 37.485 +0.665
Prev. Close Volume Bid Ask Time
37.480 683498 2024-05-24 15:59:28
Year High60.1862Year High Date2018-07-27
Year Low43.26Year Low Date2018-02-09
52wk High41.2552wk High Date2024-05-15
52wk Low28.5852wk Low Date2023-10-03
Year End Close32.71Average Volume1,349,560
Shares Outstanding50,958Short Interest7,296,055
% Institutional93.3Market Cap1,932M
Assets283,764,000MLiabilities250,520,200M
P/E Ratio16.8128Beta0.97
Volatility36.4
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