Overall FARM gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. FARM was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, FARM is a bad performer in the overall market: 69% 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- FARM is an average performer in the Food Products industry, it outperforms 52% of 87 stocks in the same industry.
- In the last month FARM has a been trading in the 1.50 - 1.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FARM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.61, 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
1.44
We found 4 important support areas.
- A support zone ranging from 1.60 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.52 from a horizontal line in the daily time frame.
- A support zone ranging from 1.48 to 1.48. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1.45 to 1.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.77 from a horizontal line in the daily 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 | 31.14 | NEUTRAL | FARM is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of FARM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.9 | NEUTRAL | The RSI value for FARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FARM has a positive trend. |
| Stochastics (14,3) | 43.43 | NEUTRAL | The Stochastics value for FARM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for FARM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.2 | POSITIVE | The high ADX value value for FARM suggests a strong trend. |
1.71
+0.1 (+6.21%)
FARMER BROS CO / FARM FAQ
What is the technical rating for FARM stock?
ChartMill assigns a technical rating of 5 / 10 to FARM.
Can you provide the trend direction for FARMER BROS CO?
The current trend direction for FARMER BROS CO (FARM) is Bearish.
Can you provide the RSI signal for FARMER BROS CO?
FARMER BROS CO (FARM) has an RSI value of 61.9. This indicates that the stock is currently neutral.
What is the MACD signal for FARM stock?
The MACD indicator for FARMER BROS CO (FARM) has a value of 0.00259005, indicating a bearish trend.
What are the support and resistance levels for FARMER BROS CO (FARM) stock?
FARMER BROS CO (FARM) has a support level at 1.61 and a resistance level at 1.72. Check the full technical report for our detailed analysis of FARM support and resistance levels.