CAL-MAINE FOODS INC (CALM) Stock Technical Analysis
USA - NASDAQ:CALM - US1280302027 - Common Stock
87.8 USD
+0.93 (+1.07%)
87.45 USD
-0.35 (-0.4%)
We assign a technical rating of 0 out of 10 to CALM. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year 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 85.25 - 95.57 range, which is quite wide. It is currently trading near the lows of this range.
CALM is part of the Food Products industry. There are 86 other stocks in this industry, CALM did better than 51% of them.
Although the technical rating is bad, CALM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
86.92
120.35
6 important resistance areas can be observed.
- A resistance zone ranging from 88.38 to 89.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 94.56 to 94.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 98.03 to 99.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @112.46 from a trend line in the daily time frame.
- Resistance @115.80 from a horizontal line in the daily time frame.
- Resistance @119.16 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 | DOWN | NEGATIVE | The short term trend for CALM is down. |
| ChartMill Relative Strength | 19.37 | NEGATIVE | CALM has a low relative strength, it was outperformed by 80.63% 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) | 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) | 35.01 | NEUTRAL | The RSI value for CALM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CALM has a positive trend. |
| Stochastics (14,3) | 18.66 | OVERSOLD | The low Stochastics value suggests CALM may be oversold. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CALM suggests some volalility. |
| Average Directional Index/ADX (14) | 37.62 | POSITIVE | The high ADX value value for CALM suggests a strong 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)
87.8
+0.93 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.07%
1 Week-2.46%
2 Weeks-7.15%
1 Month-5.14%
3 Month-18.61%
6 Month-5.5%
12 Month0.79%
2 Year93.78%
3 Year55.37%
5 Year128.94%
10 Year64.23%
15 Year506.14%
Volatility
ATR(14)2.48
ATR(20)%2.81%
ATR Inc-7.71%
Range Today1.89
ADR(20)2.39
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.37
3 months CRS8.82
6 months CRS19.08
Mansfield-2.16
10 Day High95.57
10 Day Low85.25
20 Day High95.57
20 Day Low85.25
52 Week High126.4
52 Week Low79.55
CS1 EndN/A
CR1 Start88.38
Volume & EV
DER(3)1.38%
DER(5)0.69%
Volume811.80K
Volume Incr-20.55%
Vol(5)956.48K
Vol(50)997.20K
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 35.0144. 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 negative.
Can you provide the support and resistance levels for CAL-MAINE FOODS INC?
CAL-MAINE FOODS INC (CALM) has a resistance level at 88.38. Check the full technical report for our detailed analysis of CALM support and resistance levels.