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: 83% of all stocks are doing 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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month FARM has a been trading in the 1.59 - 1.89 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.
FARM is an average performer in the Food Products industry, it outperforms 45% of 89 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, FARM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FARM in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.36
2.71
We found 2 important support areas.
- A support zone ranging from 1.64 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.37 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @1.76 from a horizontal line in the weekly time frame.
- Resistance @1.79 from a trend line in the daily time frame.
- Resistance @1.83 from a horizontal line in the daily time frame.
- Resistance @2.68 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 | 17.64 | NEGATIVE | FARM has a low relative strength, it was outperformed by 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FARM is above a declining 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) | 58.21 | NEUTRAL | The RSI value for FARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FARM has a negative trend. |
| Stochastics (14,3) | 64 | NEUTRAL | The Stochastics value for FARM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for FARM suggests some volalility. |
| Average Directional Index/ADX (14) | 31.22 | POSITIVE | The high ADX value value for FARM 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)
1.74
+0.02 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.16%
1 Week0%
2 Weeks4.19%
1 Month-4.4%
3 Month16.78%
6 Month-42.76%
12 Month-36.5%
2 Year-17.54%
3 Year-68.98%
5 Year-72.34%
10 Year-92.39%
15 Year-87.76%
Volatility
ATR(14)0.08
ATR(20)%4.81%
ATR Inc22.27%
Range Today0.08
ADR(20)0.08
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.64
Mansfield-1.68
10 Day High1.84
10 Day Low1.64
20 Day High1.89
20 Day Low1.59
52 Week High3.29
52 Week Low1.34
CS1 End1.64
CR1 Start1.76
Volume & EV
DER(3)4.11%
DER(5)5.51%
Volume30.70K
Volume Incr-84.32%
Vol(5)49.72K
Vol(50)165.67K