Cavco Industries Inc

CVCO has transitioned into a Stage 3 Distribution phase within a long-term uptrend. Price has formed a lower high and short-term EMAs have rolled over into resistance, confirmed by an active Bullish Exhaustion inflection. The medium-term tradable side is bearish, and the short-term downtrend with rejection at the 9EMA/21EMA favors immediate selling. Execution is optimal now on this failure at intermediate resistance.

• ↑Record revenue of $2.2B, up 9.7% YoY, fueled by affordable housing demand.
• ↑Backlog rose ~25% quarter-over-quarter, supporting near-term shipment visibility.
• ↓Gross margin under pressure from rising material costs and tariffs.