SANDERSON FARMS INC (SAFM)

US8000131040 - Common Stock

204  -5.25 (-2.51%)

After market: 204 0 (0%)

Technical Rating and Analysis

8

Overall SAFM gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month SAFM has a been trading in the 203.09 - 221.63 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that SAFM is one of the better performing stocks in the market, outperforming 89% of all stocks.
SAFM is part of the Food Products industry. There are 93 other stocks in this industry. SAFM outperforms 89% of them.
SAFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAFM is lagging the market.
Weekly and Daily overview Charts
SAFM Weekly chart
SAFM Daily chart
Setup Rating and Analysis

2

Although SAFM has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

175.94

222.11

5 important support areas can be observed.

  • A support zone ranging from 200.93 to 203.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 192.04 to 192.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @188.01 from a horizontal line in the daily time frame.
  • Support @181.67 from a horizontal line in the daily time frame.
  • A support zone ranging from 177.72 to 177.72. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 211.21 to 219.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.72
Mansfield1.6
10 Day High216.87
10 Day Low203.09
20 Day High221.63
20 Day Low203.09
52 Week High221.63
52 Week Low175.83
Performance
1 Week-3.75%
2 Weeks-4.65%
1 Month-2.17%
3 Month7.92%
6 Month9.04%
12 Month10.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-1.76
RSI(14)38.2
LBB205.62
UBB219.05
SAFM Daily chart

SANDERSON FARMS INC

NASDAQ:SAFM (7/21/2022, 7:14:28 PM)

After market: 204 0 (0%)

204

-5.25 (-2.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-2.51%
1 Week-3.75%
2 Weeks-4.65%
1 Month-2.17%
3 Month7.92%
6 Month9.04%
12 Month10.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.15
ATR(20)%2.05%
ATR Inc
Range Today6.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High216.87
10 Day Low203.09
20 Day High221.63
20 Day Low203.09
52 Week High221.63
52 Week Low175.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume791.00K
Volume Incr-4.78%
Vol(5)402.44K
Vol(50)342.97K