CAL-MAINE FOODS INC (CALM) Stock Technical Analysis
NASDAQ:CALM - Nasdaq - US1280302027 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to CALM. In the past year, CALM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that CALM is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by CALM over the past year are nicely spread over this period.
CALM is one of the better performing stocks in the Food Products industry, it outperforms 95% of 90 stocks in the same industry.
CALM has an average volume of 1109110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CALM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CALM is lagging the market slightly.
In the last month CALM has a been trading in the 90.07 - 100.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CALM 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 resistance zone just above the current price starting at 99.64. Right above this resistance zone may be a good entry point.
More info and screens
82.20
100.64
We found 5 important support areas.
- A support zone ranging from 94.51 to 94.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 92.63 to 92.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 88.86 to 90.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @85.47 from a trend line in the daily time frame.
- Support @83.03 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 99.64 to 99.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.95
Mansfield0.83
10 Day High100.54
10 Day Low90.07
20 Day High100.54
20 Day Low90.07
52 Week High116.41
52 Week Low57.43
Performance
1 Week2.57%
2 Weeks-0.53%
1 Month3.5%
3 Month5.84%
6 Month0.42%
12 Month59.67%
2 Year102.65%
3 Year101.89%
5 Year116.25%
10 Year69.98%
15 Year495.37%
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)
Technical Indicators
MACD(12,26,9)0.38
RSI(14)54.15
LBB89.53
UBB99.56
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 |
|---|---|---|---|
| 99.65 | 94.50 | 5.15 (5.17%) | 19.35% |
| An entry @99.65. This is a Buy Stop order right above the resistance zone. | An exit @94.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.15 points, which is 5.17%. | When investing 19.35% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
96.36
-0.81 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.83%
1 Week2.57%
2 Weeks-0.53%
1 Month3.5%
3 Month5.84%
6 Month0.42%
12 Month59.67%
2 Year102.65%
3 Year101.89%
5 Year116.25%
10 Year69.98%
15 Year495.37%
Volatility
ATR(14)2.84
ATR(20)%3.11%
ATR Inc-17.47%
Range Today1.51
ADR(20)2.83
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.95
Mansfield0.83
10 Day High100.54
10 Day Low90.07
20 Day High100.54
20 Day Low90.07
52 Week High116.41
52 Week Low57.43
CS1 End94.86
CR1 Start99.64
Volume & EV
DER(3)-3.35%
DER(5)-2.34%
Volume752.90K
Volume Incr-20.13%
Vol(5)902.30K
Vol(50)1.11M