Taking everything into account, CALM scores 0 out of 10 in our technical rating. CALM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, CALM is a bad performer in the overall market: 84% of all stocks are doing better.
- CALM is part of the Food Products industry. There are 87 other stocks in this industry, of which 61% are performing better than CALM.
- CALM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month CALM has a been trading in the 71.92 - 83.07 range, which is quite wide. It is currently trading near the high of this range.
- CALM has an average volume of 1186270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
CALM 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 82.95. Right above this resistance zone may be a good entry point.
More info and screens
72.95
We found 1 important support area.
- Support @73.69 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 82.95 to 84.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @88.02 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 CALM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CALM is neutral. |
| ChartMill Relative Strength | 16.59 | NEGATIVE | CALM has a low relative strength, it was outperformed by 83.41% 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) | 51.97 | NEUTRAL | The RSI value for CALM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests CALM has a positive trend. |
| Stochastics (14,3) | 79.76 | NEUTRAL | The Stochastics value for CALM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CALM suggests some volalility. |
| Average Directional Index/ADX (14) | 37.24 | POSITIVE | The high ADX value value for CALM suggests a strong trend. |
80.5
-1.07 (-1.31%)
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.
Can you provide the trend direction for CAL-MAINE FOODS INC?
The current trend direction for CAL-MAINE FOODS INC (CALM) is Bearish.
Can you provide the RSI signal for CAL-MAINE FOODS INC?
CAL-MAINE FOODS INC (CALM) has an RSI value of 51.9663. This indicates that the stock is currently neutral.
What is the MACD signal for CALM stock?
The MACD indicator for CAL-MAINE FOODS INC (CALM) has a value of 0.841518, indicating a bearish trend.