FRESH DEL MONTE PRODUCE INC (FDP) Stock Technical Analysis
NYSE:FDP - New York Stock Exchange, Inc. - KYG367381053 - Common Stock - Currency: USD
Taking everything into account, FDP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FDP is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FDP did better than 76% of all other stocks. We also observe that the gains produced by FDP over the past year are nicely spread over this period.
FDP is one of the better performing stocks in the Food Products industry, it outperforms 78% of 91 stocks in the same industry.
FDP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FDP has a been trading in the 31.84 - 36.08 range, which is quite wide. It is currently trading near the high of this range.
Although FDP has an excellent technical rating, it does not offer a high quality setup 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
28.44
36.08
When analyzing the support we can see 5 important areas.
- Support @35.32 from a horizontal line in the daily time frame.
- A support zone ranging from 32.69 to 33.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.69 to 32.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.48 from a trend line in the weekly time frame.
- Support @28.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.64 to 35.72. 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 | 76.51 | POSITIVE | FDP has a high relative strength, it outperformed 76.51% off all stocks 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) | 67.51 | NEUTRAL | The RSI value for FDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests FDP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.87 | OVERBOUGHT | The high Stochastics value suggests FDP may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for FDP suggests low volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for FDP suggests a strong 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)
35.63
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0%
1 Week2.8%
2 Weeks5.66%
1 Month11.14%
3 Month6.68%
6 Month16.86%
12 Month30.66%
2 Year34.05%
3 Year19.93%
5 Year57.79%
10 Year-9.84%
15 Year70.97%
Volatility
ATR(14)0.69
ATR(20)%1.95%
ATR Inc-3.37%
Range Today0.72
ADR(20)0.68
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.51
Mansfield0.3
10 Day High36.08
10 Day Low33.12
20 Day High36.08
20 Day Low31.85
52 Week High36.08
52 Week Low25.61
CS1 End35.32
CR1 Start35.64
Volume & EV
DER(3)1.34%
DER(5)2.1%
Volume371.70K
Volume Incr13.22%
Vol(5)339.68K
Vol(50)360.62K