FLOWERS FOODS INC (FLO) Stock Technical Analysis
NYSE:FLO • US3434981011
Overall FLO gets a technical rating of 0 out of 10. FLO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- 89% of all other stocks performed better in the past year than FLO.
- FLO is one of the lesser performing stocks in the Food Products industry. 75% of 87 stocks in the same industry do better.
- FLO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FLO has a been trading in the 9.44 - 12.13 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- FLO has an average volume of 4329160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of FLO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.55
When analyzing the support we notice one important area.
- A support zone ranging from 9.65 to 9.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @11.72 from a trend line in the daily 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 | 11.11 | NEGATIVE | FLO has a low relative strength, it was outperformed by 88.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLO is below 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) | 28.46 | OVERSOLD | The low RSI value suggests FLO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests FLO has a negative trend. |
| Stochastics (14,3) | 21.53 | NEUTRAL | The Stochastics value for FLO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for FLO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for FLO suggests a possible start of a new trend. |
9.89
+0.23 (+2.38%)
FLOWERS FOODS INC / FLO FAQ
What is the ChartMill technical rating of FLOWERS FOODS INC (FLO) stock?
ChartMill assigns a technical rating of 0 / 10 to FLO.
What is the current trend direction of FLOWERS FOODS INC (FLO) stock?
The current trend direction for FLOWERS FOODS INC (FLO) is Bearish.
Can you provide the RSI signal for FLOWERS FOODS INC?
FLOWERS FOODS INC (FLO) has an RSI value of 28.4649. This indicates that the stock is currently oversold.
Can you provide the short term momentum for FLOWERS FOODS INC?
The short term momentum for FLOWERS FOODS INC (FLO) is neutral.
What are the support and resistance levels for FLOWERS FOODS INC (FLO) stock?
FLOWERS FOODS INC (FLO) has a resistance level at 11.72. Check the full technical report for our detailed analysis of FLO support and resistance levels.