Cava Group (CAVA Quick QuoteCAVA - Free Report) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CAVA crossed above the 20-day moving average, suggesting 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-day moving average can show signals that are similar to other SMAs as well. If a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.

CAVA has rallied 20.8% over the past four weeks, and the company is a Zacks Rank #2 (Buy) at the moment. This combination suggests CAVA could be on the verge of another move higher.

Once investors consider CAVA's positive earnings estimate revisions, the bullish case only solidifies. No earnings estimate has been lowered in the past two months, compared to 5 raised estimates, for the current fiscal year, and the consensus estimate has increased as well.

Investors may want to watch CAVA for more gains in the near future given the company's key technical level and positive earnings estimate revisions.