SENECA FOODS CORP - CL A (SENEA) Stock Technical Analysis
NASDAQ:SENEA • US8170705011
Overall SENEA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SENEA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SENEA is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, SENEA also shows a nice and consistent pattern of rising prices.
- SENEA is one of the better performing stocks in the Food Products industry, it outperforms 88% of 87 stocks in the same industry.
- SENEA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SENEA is lagging the market slightly.
- In the last month SENEA has a been trading in the 112.57 - 134.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SENEA has an excellent technical rating, the quality of the presented setup is not ideal 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
99.24
3 important support areas can be observed.
- A support zone ranging from 112.56 to 116.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.65 to 109.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @100.24 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 127.69 to 127.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for SENEA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SENEA is up. |
| ChartMill Relative Strength | 87.03 | POSITIVE | SENEA has a high relative strength, it outperformed 87.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SENEA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SENEA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SENEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.36 | OVERBOUGHT | The high RSI value suggests SENEA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests SENEA has a positive trend. |
| Stochastics (14,3) | 60.7 | NEUTRAL | The Stochastics value for SENEA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SENEA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for SENEA suggests a weak or negative trend. |
127.68
+1.1 (+0.87%)
SENECA FOODS CORP - CL A / SENEA FAQ
Can you provide the ChartMill technical rating for SENECA FOODS CORP - CL A?
ChartMill assigns a technical rating of 10 / 10 to SENEA.
Can you provide the trend direction for SENECA FOODS CORP - CL A?
The current trend direction for SENECA FOODS CORP - CL A (SENEA) is Bullish.
What is the RSI signal for SENECA FOODS CORP - CL A (SENEA) stock?
SENECA FOODS CORP - CL A (SENEA) has an RSI value of 71.357. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SENECA FOODS CORP - CL A?
The short term momentum for SENECA FOODS CORP - CL A (SENEA) is positive.
Can you provide the support and resistance levels for SENECA FOODS CORP - CL A?
SENECA FOODS CORP - CL A (SENEA) has a support level at 116.72 and a resistance level at 127.69. Check the full technical report for our detailed analysis of SENEA support and resistance levels.