FARMMI INC (FAMI)

KYG332771313 - Common Stock

0.8302  -0.01 (-0.79%)

Technical Rating and Analysis

1

Overall FAMI gets a technical rating of 1 out of 10. FAMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than FAMI.
FAMI is part of the Food Products industry. There are 92 other stocks in this industry, of which 82% are performing better than FAMI.
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 0.79 - 0.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FAMI Weekly chart
FAMI Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, FAMI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.80, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.79

1.29

We found 1 important support area.

  • A support zone ranging from 0.80 to 0.80. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 0.84 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.28 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.89
Mansfield-6.15
10 Day High0.87
10 Day Low0.8
20 Day High0.89
20 Day Low0.79
52 Week High4.4
52 Week Low0.77
Performance
1 Week-3.71%
2 Weeks3.31%
1 Month0.82%
3 Month-17.96%
6 Month-34.11%
12 Month-78.42%
2 Year-91.76%
3 Year-99.04%
5 Year-99.81%
10 YearN/A
15 YearN/A
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)0.01
RSI(14)43.88
LBB0.8
UBB0.87
FAMI Daily chart

FARMMI INC

NASDAQ:FAMI (5/2/2024, 2:59:05 PM)

0.8302

-0.01 (-0.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.79%
1 Week-3.71%
2 Weeks3.31%
1 Month0.82%
3 Month-17.96%
6 Month-34.11%
12 Month-78.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%3.73%
ATR Inc
Range Today0
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 High0.87
10 Day Low0.8
20 Day High0.89
20 Day Low0.79
52 Week High4.4
52 Week Low0.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume135
Volume Incr-70.73%
Vol(5)9.54K
Vol(50)65.49K