62.33 USD
-0.15 (-0.24%)
62.33 USD
0 (0%)
Overall CHEF gets a technical rating of 7 out of 10. CHEF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CHEF is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 78% of 38 stocks in the same industry.
CHEF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CHEF is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that CHEF is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month CHEF has a been trading in the 57.91 - 65.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CHEF also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 61.74, a Stop Loss order could be placed below this zone.
More info and screens
54.04
68.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 61.09 to 61.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.27 to 59.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 54.59 to 55.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 63.60 to 63.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @64.96 from a trend line in the daily time frame.
- A resistance zone ranging from 67.05 to 67.42. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for CHEF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHEF is neutral. |
| ChartMill Relative Strength | 84.41 | POSITIVE | CHEF has a high relative strength, it outperformed 84.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CHEF is below 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) | 50.74 | 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) | 45.29 | NEUTRAL | The Stochastics value for CHEF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for CHEF suggests some volalility. |
| Average Directional Index/ADX (14) | 12.28 | NEGATIVE | The low ADX value for CHEF suggests a weak or negative 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)
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 |
|---|---|---|---|
| 63.67 | 61.83 | 1.84 (2.89%) | 25.00% |
| An entry @63.67. This is a Buy Stop order right above the resistance zone. | An exit @61.83. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.84 points, which is 2.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- The distance between exit and entry is rather small compared to the average daily movement of CHEF. 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.
62.33
-0.15 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.24%
1 Week-2.53%
2 Weeks-1.58%
1 Month3.87%
3 Month12.43%
6 Month-2.52%
12 Month23.11%
2 Year111.79%
3 Year87.29%
5 Year142.62%
10 Year273.68%
15 YearN/A
Volatility
ATR(14)1.5
ATR(20)%2.69%
ATR Inc-9.5%
Range Today1.04
ADR(20)1.64
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.41
3 months CRS88.75
6 months CRS32.55
Mansfield-0.56
10 Day High65.56
10 Day Low61.84
20 Day High65.56
20 Day Low57.92
52 Week High68.94
52 Week Low45
CS1 End61.74
CR1 Start63.6
Volume & EV
DER(3)0.82%
DER(5)1.77%
Volume273.40K
Volume Incr-49.38%
Vol(5)211.12K
Vol(50)418.12K
CHEFS' WAREHOUSE INC/THE / CHEF FAQ
Can you provide the ChartMill technical rating for CHEFS' WAREHOUSE INC/THE?
ChartMill assigns a technical rating of 7 / 10 to CHEF.
Can you provide the trend direction for CHEFS' WAREHOUSE INC/THE?
The current trend direction for CHEFS' WAREHOUSE INC/THE (CHEF) is Bullish.
What is the RSI signal for CHEFS' WAREHOUSE INC/THE (CHEF) stock?
CHEFS' WAREHOUSE INC/THE (CHEF) has an RSI value of 50.7375. This indicates that the stock is currently neutral.
What is the short term momentum for CHEFS' WAREHOUSE INC/THE (CHEF) stock?
The short term momentum for CHEFS' WAREHOUSE INC/THE (CHEF) is neutral.