Taking everything into account, CALM scores 0 out of 10 in our technical rating. CALM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, CALM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 87.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 86.38, a Stop Loss order could be placed below this zone.
More info and screens
80.06
2 important support areas can be observed.
- A support zone ranging from 83.03 to 86.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 80.87 to 81.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 87.70 to 88.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CALM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CALM is neutral. |
| ChartMill Relative Strength | 19.43 | NEGATIVE | CALM has a low relative strength, it was outperformed by 80.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CALM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CALM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CALM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.9 | NEUTRAL | The RSI value for CALM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests CALM has a positive trend. |
| Stochastics (14,3) | 72.05 | NEUTRAL | The Stochastics value for CALM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for CALM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for CALM suggests a possible start of a new trend. |
87.69
+1.54 (+1.79%)
CAL-MAINE FOODS INC / CALM FAQ
Can you provide the ChartMill technical rating for CAL-MAINE FOODS INC?
ChartMill assigns a technical rating of 0 / 10 to CALM.
What is the trend direction for CALM stock?
The current trend direction for CAL-MAINE FOODS INC (CALM) is Bearish.
What is the RSI signal for CALM stock?
CAL-MAINE FOODS INC (CALM) has an RSI value of 52.8978. This indicates that the stock is currently neutral.
What is the short term momentum for CALM stock?
The short term momentum for CAL-MAINE FOODS INC (CALM) is neutral.
Can you provide the support and resistance levels for CAL-MAINE FOODS INC?
CAL-MAINE FOODS INC (CALM) has a support level at 86.38 and a resistance level at 87.7. Check the full technical report for our detailed analysis of CALM support and resistance levels.