FRESH DEL MONTE PRODUCE INC (FDP) Stock Technical Analysis
USA - NYSE:FDP - KYG367381053 - Common Stock
Overall FDP gets a technical rating of 2 out of 10. FDP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
FDP has a poor technical rating and the quality of the setup is also not perfect 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.
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29.34
When analyzing the support we can see 6 important areas.
- Support @34.49 from a trend line in the weekly time frame.
- Support @33.76 from a trend line in the daily time frame.
- Support @33.07 from a horizontal line in the daily time frame.
- Support @32.29 from a horizontal line in the daily time frame.
- Support @31.18 from a trend line in the weekly time frame.
- Support @29.64 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.05 to 35.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.16 to 37.43. 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 | 46.03 | NEUTRAL | FDP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FDP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FDP is below a declining 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) | 42.57 | NEUTRAL | The RSI value for FDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests FDP has a negative trend. |
| Stochastics (14,3) | 15.71 | OVERSOLD | The low Stochastics value suggests FDP may be oversold. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FDP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.73 | NEGATIVE | The low ADX value for FDP suggests a weak or negative trend. |
34.52
+0.02 (+0.06%)
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 2 / 10 to FDP.
What is the trend direction for FDP stock?
The current trend direction for FRESH DEL MONTE PRODUCE INC (FDP) is Bearish.
What is the RSI signal for FDP stock?
FRESH DEL MONTE PRODUCE INC (FDP) has an RSI value of 42.5697. 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 -0.241062, 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 negative.