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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
CAVA Group, Inc. (NYSE:CAVA)
Long-Term Uptrend (+90) - CAVA is in a strong uptrend that is likely to continue. While CAVA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CAVA?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAVA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CAVA
The long-term trend has been UP since Jan 17th, 2024 at 45.0800
The intermediate-term trend has been UP since Apr 29th, 2024 at 69.9700
The short-term trend has been UP since May 6th, 2024 at 72.6299
Smart Scan Analysis for CAVA
Based on our trend formula, CAVA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 72.7500 | 75.3524 | 72.5600 | 74.2000 | -0.0400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 74.2400 | 1065072 | 2024-05-08 15:59:34 |
| 52wk High | 77.14 | 52wk High Date | 2024-05-06 |
| 52wk Low | 29.05 | 52wk Low Date | 2023-10-04 |
| Average Volume | 2,360,085 | Shares Outstanding | 114,002 |
| Assets | 983,757,000M | Liabilities | 412,955,000M |
| P/E Ratio | 353.5238 |