CAL-MAINE FOODS INC (CALM)
US1280302027 - Common Stock
We assign a technical rating of 6 out of 10 to CALM. CALM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CALM is part of the Food Products industry. There are 91 other stocks in this industry. CALM outperforms 81% of them.
CALM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CALM is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that CALM is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month CALM has a been trading in the 55.00 - 64.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CALM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 62.91. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for CALM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
43.29
63.56
When analyzing the support we can see 5 important areas.
- Support @56.95 from a trend line in the daily time frame.
- A support zone ranging from 54.11 to 54.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.61 to 49.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.07 to 45.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.91 to 62.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.3
Mansfield0.66
10 Day High64.76
10 Day Low59.17
20 Day High64.76
20 Day Low55
52 Week High64.76
52 Week Low42.25
Performance
1 Week-2.79%
2 Weeks-5.7%
1 Month-3.94%
3 Month9.36%
6 Month29.08%
12 Month8.58%
2 Year10.22%
3 Year58.51%
5 Year44.05%
10 Year98.62%
15 Year347.45%
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)-0.3
RSI(14)45.06
LBB58.17
UBB63.87
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 61.31 | 59.16 | 2.15 (3.50%) | 25.00% |
| An entry @61.31. This is a Buy Stop order right above the 10 day moving average. | An exit @59.16. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.15 points, which is 3.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- 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.
CAL-MAINE FOODS INC
NASDAQ:CALM (4/18/2024, 7:00:02 PM)
After market: 59.22 0 (0%)59.22
-1.14 (-1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.89%
1 Week-2.79%
2 Weeks-5.7%
1 Month-3.94%
3 Month9.36%
6 Month29.08%
12 Month8.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.15
ATR(20)%3.22%
ATR Inc
Range Today1.51
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 High64.76
10 Day Low59.17
20 Day High64.76
20 Day Low55
52 Week High64.76
52 Week Low42.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume868.70K
Volume Incr-25.78%
Vol(5)686.56K
Vol(50)680.60K