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Today CVGW ranks #15077 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

$39.67 (0.48%)

Volume: 131k

Closed: Dec 08, 2021

Hollow Logo Score: -1.622

Calavo Growers Stock Forecast

$39.67 (0.48%)

Volume: 131k

Closed: Dec 08, 2021

Score Hollow Logo -1.622
Which way will CVGW go? Request
Earnings Date: Dec 20, 2021
Key Stats
P/E Ratio 94.80
Beta 0.5
Trailing Dividend Rate 2.91% ($1.15)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 40 and the stock is currently not being overbought or oversold

Calavo Growers stock price ended on $39.67 on Wednesday after gaining 0.48%
(Updated on Dec 08, 2021)


Sell candidate since 2021-11-30 Loss -2.15%

The Calavo Growers stock price gained 0.48% on the last trading day (Wednesday, 8th Dec 2021), rising from $39.48 to $39.67. During the day the stock fluctuated 3.23% from a day low at $39.00 to a day high of $40.26. The price has fallen in 7 of the last 10 days and is down by -10.19% for this period. Volume fell on the last day by -21 thousand shares and in total, 131 thousand shares were bought and sold for approximately $5.21 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $38.99 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 10.91% during the next 3 months and, with a 90% probability hold a price between $43.25 and $49.77 at the end of this 3-month period.

Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, December 07, 2021, and so far it has risen 0.48%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Calavo Growers stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $40.33 and $41.42. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss

Calavo Growers finds support from accumulated volume at $39.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.26 between high and low, or 3.23%. For the last week, the stock has had a daily average volatility of 4.52%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Calavo Growers stock A Buy?

The Calavo Growers stock holds several negative signals and despite the positive trend, we believe Calavo Growers will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.622

Predicted Opening Price for Calavo Growers of Thursday, December 9, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 9, 2021 Current price
$39.64 $39.67 (Overvalued)
Sell Candidate Unchanged

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Analyst Ratings

On Sep 09, 2021 "Lake Street Capital" gave "$70.00 - $60.00" rating for CVGW. The price target was changed from $39.42 to 16.6%.

Volatility and Risk
Daily Average Volatility: 4.52 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.52 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $40.06
Price: $39.67
Support: $39.20

CVGW Insider Trading Show all Trades

INSIDER POWER

0.656

Last 100 transactions
Buy: 138 304 | Sell: 210 990 (Shares)
Date Action Amount Person Type
Dec 01, 2021 Buy 10 000 Mendizabal Adriana Stock Option (right to buy)
Nov 11, 2021 Sell 247 Lodge Mark Common Stock
Nov 11, 2021 Sell 344 Wedin Robert J Common Stock
Oct 11, 2021 Buy 8 199 Matute Mariela Irene Common Stock
Sep 14, 2021 Buy 5 000 Hollister Steve Common Stock
Show all Insider Trades
INSIDER POWER

0.656

Last 100 transactions
Buy: 138 304 | Sell: 210 990 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 40.90 3.11 %
40.42 1.90 %
40.12 1.15 %
Current price: 39.67
Support 39.16 -1.28 %
38.86 -2.03 %
38.38 -3.24 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 41.30 4.11 %
40.77 2.77 %
40.06 0.98 %
Current price 39.67
Support 39.20 -1.18%
35.80 -9.76%
35.39 -10.79%

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About Calavo Growers

Calavo Growers Calavo Growers, Inc. markets, and distributes avocados, prepared avocados, and other perishable foods to food distributors, produce wholesalers, supermarkets, convenience stores, and restaurants worldwide. It operates in three segments: Fresh Products, Calavo Foods, and RFG. The Fresh products segment distributes avocados and other fresh produce products; and procures avocados grown in Mexico, as well as various other commodities, including tomat... Read more

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