Cava Group (CAVA) Recently Broke Out Above the 20-Day Moving Average
CAVA (CAVA) Zacks Investment Research·2024-02-28 15:36
From a technical perspective, Cava Group (CAVA) is looking like an interesting pick, as it just reached a key level of support. CAVA recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.The 20- ...