FLOWERS FOODS INC (FLO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FLO - US3434981011 - Common Stock
We assign a technical rating of 0 out of 10 to FLO. 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.
Although the technical rating is bad, FLO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
10.45
When analyzing the support we notice one important area.
- Support @10.56 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 10.66 to 11.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.34 from a trend line in the weekly time frame.
- Resistance @13.93 from a trend line in the daily time frame.
- Resistance @15.39 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 | DOWN | NEGATIVE | The short term trend for FLO is down. |
| ChartMill Relative Strength | 9.95 | NEGATIVE | FLO has a low relative strength, it was outperformed by 90.05% 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) | 46.77 | NEUTRAL | The RSI value for FLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FLO has a positive trend. |
| Stochastics (14,3) | 60.34 | NEUTRAL | The Stochastics value for FLO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for FLO suggests some volalility. |
| Average Directional Index/ADX (14) | 27.14 | POSITIVE | The high ADX value value for FLO suggests a strong trend. |
10.65
-0.07 (-0.65%)
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 46.7659. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FLOWERS FOODS INC?
The short term momentum for FLOWERS FOODS INC (FLO) is negative.
What are the support and resistance levels for FLOWERS FOODS INC (FLO) stock?
FLOWERS FOODS INC (FLO) has a support level at 10.56 and a resistance level at 10.66. Check the full technical report for our detailed analysis of FLO support and resistance levels.