FORAFRIC GLOBAL PLC (AFRI) Stock Technical Analysis
USA - NASDAQ:AFRI - GI000A3DNK69 - Common Stock
Overall AFRI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AFRI is only an average performer.
AFRI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.02, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.64
We found 3 important support areas.
- A support zone ranging from 8.86 to 9.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.53 to 8.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.72 to 7.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.42 to 9.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.62 to 9.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AFRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFRI is up. |
| ChartMill Relative Strength | 57.75 | NEUTRAL | AFRI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AFRI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.79 | NEUTRAL | The RSI value for AFRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AFRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.89 | NEUTRAL | The Stochastics value for AFRI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for AFRI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.87 | NEGATIVE | The low ADX value for AFRI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.47 | 8.85 | 0.62 (6.55%) | 15.27% |
| An entry @9.47. This is a Buy Stop order right above the resistance zone. | An exit @8.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.62 points, which is 6.55%. | For a 1.00% total portfolio risk, you can invest 15.27% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of AFRI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:AFRI (11/12/2025, 4:30:00 PM)
9.35
-0.23 (-2.4%)
FORAFRIC GLOBAL PLC / AFRI FAQ
What is the ChartMill technical rating of FORAFRIC GLOBAL PLC (AFRI) stock?
ChartMill assigns a technical rating of 8 / 10 to AFRI.
What is the current trend direction of FORAFRIC GLOBAL PLC (AFRI) stock?
The current trend direction for FORAFRIC GLOBAL PLC (AFRI) is Bullish.
What is the RSI signal for AFRI stock?
FORAFRIC GLOBAL PLC (AFRI) has an RSI value of 54.7864. This indicates that the stock is currently neutral.
What is the short term momentum for FORAFRIC GLOBAL PLC (AFRI) stock?
The short term momentum for FORAFRIC GLOBAL PLC (AFRI) is positive.
What is the buy/sell signal for FORAFRIC GLOBAL PLC (AFRI) stock?
The buy/sell signal for FORAFRIC GLOBAL PLC (AFRI) is buy as both the short term and long term trends are positive.