CAVA Group CAVA
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
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About
CAVA Group (CAVA) Business Model and Operations Summary
CAVA Group, Inc. owns and operates a chain of Mediterranean restaurants. The company offers salads, dips, spreads, toppings, and dressings. It sells its products through whole food markets and grocery stores. The company also provides online food ordering services. Cava Group, Inc. was founded in 2006 and is based in Washington, District of Columbia.
Key Insights
CAVA Group (CAVA) Stock Information & Key Business Metrics
Market Cap
$9.47 BillionAverage Daily Volume
3,454,291 Shares52-Week Range
$43.41-$98.79Total Outstanding Shares
116.47 Million SharesCEO
Brett SchulmanTotal Employees
12,900IPO Date
June 15, 2023SIC Description
Retail-eating PlacesHeadquarters
14 Ridge Square Nw, Washington, DC, 20016