CAL-MAINE FOODS INC (CALM)

US1280302027 - Common Stock

63.14  -0.05 (-0.08%)

After market: 63.14 0 (0%)

Technical Rating and Analysis

10

Overall CALM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CALM has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CALM did better than 87% of all other 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 85% of 92 stocks in the same industry.
CALM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CALM has a been trading in the 57.56 - 63.63 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CALM Weekly chart
CALM Daily chart
Setup Rating and Analysis

7

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 63.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

53.58

65.28

We found 5 important support areas.

  • A support zone ranging from 62.49 to 62.92. 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 58.44 to 59.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @56.79 from a horizontal line in the weekly time frame.
  • A support zone ranging from 55.24 to 55.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @54.12 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 63.15 to 63.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @64.63 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.26
Mansfield0.1
10 Day High63.63
10 Day Low60.72
20 Day High63.63
20 Day Low57.56
52 Week High64.76
52 Week Low42.25
Performance
1 Week1.28%
2 Weeks4.4%
1 Month7.82%
3 Month4.43%
6 Month14.99%
12 Month44.39%
2 Year23.54%
3 Year80.97%
5 Year58.76%
10 Year77.36%
15 Year329.09%
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)0.21
RSI(14)65.29
LBB60.03
UBB63.93
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
63.2162.480.73 (1.15%)25.00%
An entry @63.21. This is a Buy Stop order right above the resistance zone.An exit @62.48. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.73 points, which is 1.15%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%.

  • The distance between exit and entry is rather small compared to the average daily movement of CALM. 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.
CALM Daily chart

CAL-MAINE FOODS INC

NASDAQ:CALM (7/12/2024, 7:22:45 PM)

After market: 63.14 0 (0%)

63.14

-0.05 (-0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.08%
1 Week1.28%
2 Weeks4.4%
1 Month7.82%
3 Month4.43%
6 Month14.99%
12 Month44.39%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.17
ATR(20)%1.83%
ATR Inc
Range Today0.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High63.63
10 Day Low60.72
20 Day High63.63
20 Day Low57.56
52 Week High64.76
52 Week Low42.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume410.10K
Volume Incr-44.92%
Vol(5)370.24K
Vol(50)594.34K