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 10 out of 10. Both in the recent history as in the last year, FDP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FDP is one of the better performing stocks in the market, outperforming 92% of all 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 92% of 90 stocks in the same industry.
FDP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FDP is leading the market.
In the last month FDP has a been trading in the 31.43 - 34.86 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
28.67
35.28
When analyzing the support we can see 4 important areas.
- Support @34.26 from a horizontal line in the weekly time frame.
- A support zone ranging from 31.65 to 32.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.56 to 30.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.96 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.44 to 34.93. 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 | 92.47 | POSITIVE | FDP has a high relative strength, it outperformed 92.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FDP is above a declining 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) | 63.38 | NEUTRAL | The RSI value for FDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FDP has a positive trend. |
| Stochastics (14,3) | 89.31 | OVERBOUGHT | The high Stochastics value suggests FDP may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for FDP suggests some volalility. |
| Average Directional Index/ADX (14) | 15.53 | 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)
34.43
+0.61 (+1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.8%
1 Week2.99%
2 Weeks4.65%
1 Month0%
3 Month11.5%
6 Month1.86%
12 Month48.02%
2 Year30.61%
3 Year34.81%
5 Year38.33%
10 Year-8.53%
15 Year72.15%
Volatility
ATR(14)0.69
ATR(20)%2.16%
ATR Inc0.39%
Range Today0.91
ADR(20)0.71
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.47
Mansfield1.45
10 Day High34.45
10 Day Low31.43
20 Day High34.86
20 Day Low31.43
52 Week High35.27
52 Week Low21.23
CS1 End34.26
CR1 Start34.44
Volume & EV
DER(3)0.7%
DER(5)2.51%
Volume322.30K
Volume Incr-8.56%
Vol(5)373.60K
Vol(50)420.58K