We assign a technical rating of 0 out of 10 to CALM. 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 technical rating of CALM is bad and it also does not present a 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
82.15
We found 1 important support area.
- A support zone ranging from 82.98 to 82.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 86.94 to 87.81. 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 90.47 to 92.82. 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 | 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 | 15.16 | NEGATIVE | CALM has a low relative strength, it was outperformed by 84.84% 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) | 29.02 | OVERSOLD | The low RSI value suggests CALM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests CALM has a negative trend. |
| Stochastics (14,3) | 3.14 | OVERSOLD | The low Stochastics value suggests CALM may be oversold. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CALM suggests some volalility. |
| Average Directional Index/ADX (14) | 31.97 | POSITIVE | The high ADX value value for CALM suggests a strong trend. |
82.99
-0.86 (-1.03%)
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 29.0223. This indicates that the stock is currently oversold.
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 support level at 82.98 and a resistance level at 86.94. Check the full technical report for our detailed analysis of CALM support and resistance levels.