CHEFS' WAREHOUSE INC/THE (CHEF) Stock Technical Analysis
NASDAQ:CHEF - Nasdaq - US1630861011 - Common Stock - Currency: USD
Overall CHEF gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CHEF has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CHEF is one of the better performing stocks in the market, outperforming 92% of all stocks.
CHEF is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry. CHEF outperforms 85% of them.
CHEF 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 CHEF is performing more or less in line with the market.
In the last month CHEF has a been trading in the 52.16 - 65.39 range, which is quite wide. It is currently trading near the high of this range.
Although CHEF has an excellent technical rating, it does not present a decent entry opportunity 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
46.48
67.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 61.13 to 61.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 51.71 to 51.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.93 from a horizontal line in the daily time frame.
- Support @46.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @65.30 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 66.35 to 66.35. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CHEF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CHEF is up. |
| ChartMill Relative Strength | 92.61 | POSITIVE | CHEF has a high relative strength, it outperformed 92.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHEF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CHEF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CHEF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.86 | NEUTRAL | The RSI value for CHEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests CHEF has a negative trend. |
| Stochastics (14,3) | 56.59 | NEUTRAL | The Stochastics value for CHEF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for CHEF suggests some volalility. |
| Average Directional Index/ADX (14) | 30.02 | POSITIVE | The high ADX value value for CHEF 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)
62.13
+0.36 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.58%
1 Week-4.58%
2 Weeks0.52%
1 Month16.98%
3 Month-1.99%
6 Month38.87%
12 Month62.64%
2 Year99.71%
3 Year73.89%
5 Year319.8%
10 Year231.36%
15 YearN/A
Volatility
ATR(14)1.82
ATR(20)%3.24%
ATR Inc28.68%
Range Today2.05
ADR(20)1.96
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.61
Mansfield2.88
10 Day High65.39
10 Day Low60.82
20 Day High65.39
20 Day Low52.16
52 Week High66.51
52 Week Low35.59
CS1 End61.76
CR1 Start65.3
Volume & EV
DER(3)0.53%
DER(5)1.55%
Volume437.40K
Volume Incr-26.23%
Vol(5)360.90K
Vol(50)473.31K