FARMMI INC (FAMI) Stock Technical Analysis
NASDAQ:FAMI - Nasdaq - KYG332771495 - Common Stock - Currency: USD
Overall FAMI gets a technical rating of 0 out of 10. FAMI'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FAMI is a bad performer in the overall market: 97% of all stocks are doing better.
FAMI is one of the lesser performing stocks in the Food Products industry. 91% of 90 stocks in the same industry do better.
FAMI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FAMI is lagging the market.
In the last month FAMI has a been trading in the 1.58 - 2.22 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FAMI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.69
2.03
We found 1 important support area.
- Support @1.71 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.73 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.92 to 1.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.00 to 2.01. 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 FAMI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FAMI is neutral. |
| ChartMill Relative Strength | 3.21 | NEGATIVE | FAMI has a low relative strength, it was outperformed by 96.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAMI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.77 | NEUTRAL | The RSI value for FAMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FAMI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.54 | NEUTRAL | The Stochastics value for FAMI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for FAMI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.57 | POSITIVE | The high ADX value value for FAMI 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)
NASDAQ:FAMI (5/22/2025, 3:59:48 PM)
1.715
-0.02 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.44%
1 Week-1.44%
2 Weeks2.69%
1 Month-0.87%
3 Month-41.53%
6 Month-48.21%
12 Month-80.92%
2 Year-96.02%
3 Year-98.57%
5 Year-99.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%9.26%
ATR Inc-58.15%
Range Today0.06
ADR(20)0.15
ADR(20)%8.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.21
Mansfield-5.79
10 Day High2.22
10 Day Low1.61
20 Day High2.22
20 Day Low1.58
52 Week High10.32
52 Week Low1.43
CS1 End1.7
CR1 Start1.76
Volume & EV
DER(3)-22.51%
DER(5)-18.22%
Volume10.07K
Volume Incr-87.51%
Vol(5)17.07K
Vol(50)137.05K