FLOWERS FOODS INC (FLO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FLO - US3434981011 - Common Stock
Taking everything into account, FLO scores 0 out of 10 in our technical rating. 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.
FLO has a poor technical rating and the quality of the setup is also only medium 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
10.62
We can see 6 important resistance areas.
- A resistance zone ranging from 10.85 to 10.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.56 from a trend line in the weekly time frame.
- Resistance @14.80 from a trend line in the daily time frame.
- Resistance @15.79 from a trend line in the daily time frame.
- Resistance @16.79 from a horizontal line in the daily time frame.
- Resistance @17.60 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 | DOWN | NEGATIVE | The short term trend for FLO is down. |
| ChartMill Relative Strength | 7.14 | NEGATIVE | FLO has a low relative strength, it was outperformed by 92.86% 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) | 35.63 | NEUTRAL | The RSI value for FLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FLO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.82 | OVERSOLD | The low Stochastics value suggests FLO may be oversold. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for FLO suggests some volalility. |
| Average Directional Index/ADX (14) | 48.5 | POSITIVE | The high ADX value value for FLO suggests a strong trend. |
10.73
+0.14 (+1.32%)
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.
Can you provide the trend direction for FLOWERS FOODS INC?
The current trend direction for FLOWERS FOODS INC (FLO) is Bearish.
What is the RSI signal for FLO stock?
FLOWERS FOODS INC (FLO) has an RSI value of 35.6348. This indicates that the stock is currently neutral.
What is the short term momentum for FLOWERS FOODS INC (FLO) stock?
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 resistance level at 10.85. Check the full technical report for our detailed analysis of FLO support and resistance levels.