BRIDGFORD FOODS CORP (BRID) Stock Technical Analysis
NASDAQ:BRID - Nasdaq - US1087631032 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BRID. BRID scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
86% of all other stocks performed better in the past year than BRID.
BRID is one of the lesser performing stocks in the Food Products industry. 68% of 89 stocks in the same industry do better.
BRID is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so BRID is lagging the market.
In the last month BRID has a been trading in the 7.62 - 8.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: BRID has an average volume of 3304 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
BRID has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BRID in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.64
10.89
We found 1 important support area.
- A support zone ranging from 7.72 to 7.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.89 to 8.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.12 from a trend line in the daily time frame.
- Resistance @10.78 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for BRID is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRID is down. |
| ChartMill Relative Strength | 14.04 | NEGATIVE | BRID has a low relative strength, it was outperformed by 85.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRID is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRID is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRID is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.45 | NEUTRAL | The RSI value for BRID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BRID has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.52 | NEUTRAL | The Stochastics value for BRID is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for BRID suggests some volalility. |
| Average Directional Index/ADX (14) | 11.27 | NEGATIVE | The low ADX value for BRID suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:BRID (6/6/2025, 8:00:02 PM)
7.88
+0.09 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.22%
1 Week-0.63%
2 Weeks-0.07%
1 Month-0.76%
3 Month-23.35%
6 Month-18.34%
12 Month-20.68%
2 Year-31.54%
3 Year-40.21%
5 Year-52.42%
10 Year-18.51%
15 Year-43.71%
Volatility
ATR(14)0.23
ATR(20)%2.57%
ATR Inc34.75%
Range Today0.26
ADR(20)0.16
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.04
Mansfield-2.08
10 Day High8.05
10 Day Low7.62
20 Day High8.12
20 Day Low7.62
52 Week High14.69
52 Week Low7.52
CS1 End7.88
CR1 Start7.89
Volume & EV
DER(3)21.06%
DER(5)13.4%
Volume2.80K
Volume Incr3.55%
Vol(5)2.04K
Vol(50)3.30K