CAL-MAINE FOODS INC (CALM) Stock Technical Analysis
NASDAQ:CALM - Nasdaq - US1280302027 - Common Stock - Currency: USD
Overall CALM gets a technical rating of 5 out of 10. Although CALM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month CALM has a been trading in the 92.06 - 100.54 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, CALM did better than 91% of all other stocks.
CALM is one of the better performing stocks in the Food Products industry, it outperforms 93% of 89 stocks in the same industry.
CALM has an average volume of 1008110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CALM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CALM is lagging the market.
Considerably lower volume is observed in the last couple of days.
CALM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
80.06
100.64
We found 4 important support areas.
- A support zone ranging from 90.43 to 90.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.93 from a trend line in the daily time frame.
- Support @83.03 from a horizontal line in the weekly time frame.
- Support @80.87 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 94.56 to 99.64. 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 | NEUTRAL | NEUTRAL | The long term trend for CALM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CALM is neutral. |
| ChartMill Relative Strength | 91.27 | POSITIVE | CALM has a high relative strength, it outperformed 91.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CALM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CALM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CALM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for CALM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests CALM has a negative trend. |
| Stochastics (14,3) | 49.54 | NEUTRAL | The Stochastics value for CALM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for CALM suggests some volalility. |
| Average Directional Index/ADX (14) | 10.41 | NEGATIVE | The low ADX value for CALM 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)
92.66
-3.44 (-3.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-3.58%
1 Week-2.87%
2 Weeks-0.85%
1 Month-1.37%
3 Month11.6%
6 Month-14.3%
12 Month58.04%
2 Year105.91%
3 Year87.53%
5 Year108.32%
10 Year77.51%
15 Year480.4%
Volatility
ATR(14)2.42
ATR(20)%2.65%
ATR Inc82.64%
Range Today5.05
ADR(20)2.38
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.27
Mansfield0.07
10 Day High98.73
10 Day Low92.06
20 Day High100.54
20 Day Low92.06
52 Week High116.41
52 Week Low57.56
CS1 End90.9
CR1 Start94.56
Volume & EV
DER(3)-1.4%
DER(5)-0.63%
Volume864.80K
Volume Incr-17.19%
Vol(5)617.62K
Vol(50)1.01M