FRESH DEL MONTE PRODUCE INC (FDP) Stock Technical Analysis
USA - NYSE:FDP - KYG367381053 - Common Stock
We assign a technical rating of 7 out of 10 to FDP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FDP is only an average performer.
Although FDP has an excellent technical rating, the quality of the presented setup is not ideal 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
30.79
We found 4 important support areas.
- A support zone ranging from 34.13 to 35.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.07 to 33.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.29 from a horizontal line in the daily time frame.
- Support @31.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.16 to 37.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FDP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDP is up. |
| ChartMill Relative Strength | 54.86 | NEUTRAL | FDP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FDP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.35 | NEUTRAL | The RSI value for FDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests FDP has a positive trend. |
| Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests FDP may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for FDP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.24 | NEGATIVE | The low ADX value for FDP suggests a weak or negative trend. |
36.42
+0.28 (+0.77%)
FRESH DEL MONTE PRODUCE INC / FDP FAQ
Can you provide the ChartMill technical rating for FRESH DEL MONTE PRODUCE INC?
ChartMill assigns a technical rating of 7 / 10 to FDP.
What is the trend direction for FDP stock?
The current trend direction for FRESH DEL MONTE PRODUCE INC (FDP) is Bullish.
What is the RSI signal for FDP stock?
FRESH DEL MONTE PRODUCE INC (FDP) has an RSI value of 64.3451. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FRESH DEL MONTE PRODUCE INC?
The MACD indicator for FRESH DEL MONTE PRODUCE INC (FDP) has a value of 0.285346, indicating a bearish trend.
What is the short term momentum for FRESH DEL MONTE PRODUCE INC (FDP) stock?
The short term momentum for FRESH DEL MONTE PRODUCE INC (FDP) is positive.