FARMER BROS CO (FARM) Stock Technical Analysis
NASDAQ:FARM - Nasdaq - US3076751086 - Common Stock - Currency: USD
Overall FARM gets a technical rating of 4 out of 10. In the past year, FARM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FARM is a bad performer in the overall market: 91% of all stocks are doing better.
FARM is one of the lesser performing stocks in the Food Products industry. 75% of 91 stocks in the same industry do better.
FARM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month FARM has a been trading in the 1.36 - 1.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FARM has an average technical rating and it also does not offer a high quality setup 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
1.36
2.77
We found 1 important support area.
- Support @1.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.83 from a horizontal line in the daily time frame.
- Resistance @2.74 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FARM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FARM is up. |
| ChartMill Relative Strength | 9.3 | NEGATIVE | FARM has a low relative strength, it was outperformed by 90.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FARM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FARM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FARM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.86 | NEUTRAL | The RSI value for FARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FARM has a positive trend. |
| Stochastics (14,3) | 75.93 | NEUTRAL | The Stochastics value for FARM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for FARM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for FARM suggests a possible start of a new 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)
1.75
+0.01 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.57%
1 Week24.11%
2 Weeks19.05%
1 Month24.11%
3 Month-4.37%
6 Month2.94%
12 Month-37.94%
2 Year-41.67%
3 Year-65.55%
5 Year-64.86%
10 Year-92.6%
15 Year-89.63%
Volatility
ATR(14)0.1
ATR(20)%5.03%
ATR Inc38.92%
Range Today0.09
ADR(20)0.08
ADR(20)%4.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.3
Mansfield-2.02
10 Day High1.9
10 Day Low1.36
20 Day High1.9
20 Day Low1.36
52 Week High3.29
52 Week Low1.34
CS1 End1.37
CR1 Start1.83
Volume & EV
DER(3)-1.06%
DER(5)-0.77%
Volume180.00K
Volume Incr1430.28%
Vol(5)1.04M
Vol(50)187.94K