FARMER BROS CO (FARM) Technical Analysis
NASDAQ:FARM • US3076751086
Current stock price
FARM Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to FARM. 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.
- 89% of all other stocks performed better in the past year than FARM.
- FARM is part of the Food Products industry. There are 87 other stocks in this industry, of which 70% are performing better than FARM.
- FARM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- FARM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month FARM has a been trading in a tight range between 1.24 and 1.29.
FARM Weekly and Daily overview Charts
FARM Setup Rating and Analysis
FARM has a poor technical rating and the quality of the setup is also only medium 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
FARM Support and Resistance Analysis
1.20
When analyzing the support we can see 2 important areas.
- Support @1.24 from a horizontal line in the daily time frame.
- A support zone ranging from 1.21 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.54 from a trend line in the weekly time frame.
- Resistance @1.65 from a trend line in the daily time frame.
- Resistance @1.77 from a horizontal line in the daily time frame.
FARM Technical Indicator Signal Analysis
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 FARM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FARM is up. |
| ChartMill Relative Strength | 11.42 | NEGATIVE | FARM has a low relative strength, it was outperformed by 88.58% 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) | DOWN | NEGATIVE | The current price of FARM is below a declining 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) | 55.91 | NEUTRAL | The RSI value for FARM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FARM has a positive trend. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests FARM may be overbought. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for FARM suggests low volalility. |
| Average Directional Index/ADX (14) | 30.49 | POSITIVE | The high ADX value value for FARM suggests a strong trend. |
FARM Chart- and CandleStick Pattern Analysis
FARM Technicals: Chart, Performance Metrics, Trend & Indicators
1.29
+0.01 (+0.78%)
FARMER BROS CO / FARM TA FAQ
What is the technical rating for FARM stock?
ChartMill assigns a technical rating of 2 / 10 to FARM.
Can you provide the trend direction for FARMER BROS CO?
The current trend direction for FARMER BROS CO (FARM) is Bearish.
What is the RSI signal for FARM stock?
FARMER BROS CO (FARM) has an RSI value of 55.907. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FARMER BROS CO?
The buy/sell signal for FARMER BROS CO (FARM) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for FARMER BROS CO (FARM) stock?
FARMER BROS CO (FARM) has a support level at 1.24 and a resistance level at 1.29. Check the full technical report for our detailed analysis of FARM support and resistance levels.