Cheesecake Factory Inc (CAKE) down 1.78% in premarket trading

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Tuesday, January 24, 2023 07:34 | InvestorsObserver Analysts

Cheesecake Factory Inc (CAKE) is down -1.78%% today.

Overall Score - 70
CAKE has an overall score of 70. Find out what this means to you and get the rest of the rankings in CAKE!

CAKE shares closed at $40.93 and were down -$0.73 during premarket trading. Pre-market tends to be more volatile due to significantly lower volume, as most investors only trade between standard trading hours. CAKE has a strong overall score of 70, which means the stock is worth better than 70% of the stock at its current price. InvestorsObserver’s overall ranking system is a comprehensive evaluation and considers both technical and fundamental factors when evaluating a stock. The overall score is a great starting point for investors beginning to evaluate a stock. CAKE earns an average short-term technical score of 60 from InvestorsObserver’s proprietary ranking system. This means that the trading pattern of the shares over the past month has been neutral. Cheesecake Factory Inc currently has the 39th highest short-term technical score in the restaurant industry. The short-term technical score assesses the trading pattern of a stock over the past month and is most useful for short-term stock and options traders. Cheesecake Factory Inc’s Overall and Short-Term Technical Score paints a mixed picture for recent trading patterns and the forecast price of CAKE. Click here for the full report on Cheesecake Factory Inc (CAKE)

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