FLOWERS FOODS INC (FLO) Stock Technical Analysis
NYSE:FLO - New York Stock Exchange, Inc. - US3434981011 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to FLO. FLO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FLO is a bad performer in the overall market: 87% of all stocks are doing better.
FLO is one of the lesser performing stocks in the Food Products industry. 67% of 91 stocks in the same industry do better.
FLO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FLO has a been trading in the 15.27 - 16.55 range, which is quite wide. It is currently trading near the high of this range.
FLO has an average volume of 2694820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FLO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.20, a Stop Loss order could be placed below this zone.
More info and screens
15.18
19.33
2 important support areas can be observed.
- A support zone ranging from 15.94 to 16.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.33 to 15.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.36 to 16.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.79 to 16.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @19.14 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for FLO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLO is neutral. |
| ChartMill Relative Strength | 13 | NEGATIVE | FLO has a low relative strength, it was outperformed by 87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FLO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.25 | NEUTRAL | The RSI value for FLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FLO has a positive trend. |
| Stochastics (14,3) | 71.74 | NEUTRAL | The Stochastics value for FLO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for FLO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for FLO 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)
16.35
+0.09 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.55%
1 Week3.22%
2 Weeks0.55%
1 Month3.68%
3 Month-5%
6 Month-14.35%
12 Month-28.23%
2 Year-30.6%
3 Year-40.11%
5 Year-33.16%
10 Year-29.56%
15 Year-5.09%
Volatility
ATR(14)0.38
ATR(20)%2.18%
ATR Inc-27.14%
Range Today0.21
ADR(20)0.35
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13
Mansfield-2.34
10 Day High16.55
10 Day Low15.62
20 Day High16.55
20 Day Low15.27
52 Week High23.87
52 Week Low15.27
CS1 End16.2
CR1 Start16.36
Volume & EV
DER(3)-0.19%
DER(5)1.03%
Volume1.78M
Volume Incr-20.91%
Vol(5)2.02M
Vol(50)2.69M