FRESH DEL MONTE PRODUCE INC (FDP) Stock Technical Analysis
NYSE:FDP - New York Stock Exchange, Inc. - KYG367381053 - Common Stock - Currency: USD
Overall FDP gets a technical rating of 5 out of 10. FDP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month FDP has a been trading in the 31.68 - 35.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
When comparing the yearly performance of all stocks, we notice that FDP is one of the better performing stocks in the market, outperforming 84% of all stocks.
FDP is part of the Food Products industry. There are 91 other stocks in this industry. FDP outperforms 87% of them.
FDP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FDP is lagging the market slightly.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FDP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
28.91
35.68
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.69 to 32.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 29.20 to 30.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.63 to 33.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 35.33 to 35.33. 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 | NEUTRAL | NEUTRAL | The long term trend for FDP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FDP is down. |
| ChartMill Relative Strength | 84.03 | POSITIVE | FDP has a high relative strength, it outperformed 84.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FDP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FDP is below 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) | 45.29 | NEUTRAL | The RSI value for FDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FDP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.11 | NEUTRAL | The Stochastics value for FDP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for FDP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for FDP suggests a weak or negative 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)
32.42
+0.36 (+1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.12%
1 Week-2%
2 Weeks-1.22%
1 Month-8.21%
3 Month6.12%
6 Month-1.28%
12 Month51.42%
2 Year26.1%
3 Year9.79%
5 Year31.68%
10 Year-16.14%
15 Year60.18%
Volatility
ATR(14)0.71
ATR(20)%2.44%
ATR Inc-28.88%
Range Today0.59
ADR(20)0.78
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.03
Mansfield-0.19
10 Day High33.66
10 Day Low31.68
20 Day High35.69
20 Day Low31.68
52 Week High35.69
52 Week Low21.23
CS1 End31.69
CR1 Start32.46
Volume & EV
DER(3)2.99%
DER(5)1.56%
Volume281.80K
Volume Incr-29.68%
Vol(5)295.82K
Vol(50)404.81K