Cavco Industries, Inc. (CVCO)

Cavco Industries, Inc. is trading at $619.00, up 13.11% on the session. The 50 day average sits at $550.34 and the 200 day at $551.95, which puts the stock in a downtrend. RSI is at 49.9, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $520.56 with resistance near $544.85, so that band frames the current range. Average daily movement is roughly $19.71, or about 3.2% of the share price, which is what any stop placement has to allow for. The overall health score of 49 out of 100 combines a trend score of 47, momentum of 63 and a risk score of 34.

Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments: Factory-Built Housing and Financial Services. The company produces park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. It also produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. In addition, the company provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Further, it offers property and casualty insurance to owners of manufactured housing industry. The company distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. The company was founded in 1965 and is headquartered in Phoenix, Arizona.