SENECA FOODS CORP - CL A (SENEA) Stock Technical Analysis
USA - NASDAQ:SENEA - US8170705011 - Common Stock
Taking everything into account, SENEA scores 6 out of 10 in our technical rating. 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.
SENEA has an average technical rating and the quality of the presented setup is also 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
89.13
We found 5 important support areas.
- Support @106.13 from a trend line in the daily time frame.
- A support zone ranging from 103.05 to 103.05. 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.
- Support @93.76 from a trend line in the weekly time frame.
- Support @90.03 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 108.64 to 109.42. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SENEA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SENEA is down. |
| ChartMill Relative Strength | 88.63 | POSITIVE | SENEA has a high relative strength, it outperformed 88.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SENEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SENEA is below a declining 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) | 40.11 | NEUTRAL | The RSI value for SENEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests SENEA has a negative trend. |
| Stochastics (14,3) | 5.47 | OVERSOLD | The low Stochastics value suggests SENEA may be oversold. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for SENEA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.46 | POSITIVE | The high ADX value value for SENEA suggests a strong trend. |
107.835
-1.09 (-1%)
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 6 / 10 to SENEA.
What is the current trend direction of SENECA FOODS CORP - CL A (SENEA) stock?
The current trend direction for SENECA FOODS CORP - CL A (SENEA) is Bullish.
Can you provide the RSI signal for SENECA FOODS CORP - CL A?
SENECA FOODS CORP - CL A (SENEA) has an RSI value of 40.1143. This indicates that the stock is currently neutral.
What is the short term momentum for SENECA FOODS CORP - CL A (SENEA) stock?
The short term momentum for SENECA FOODS CORP - CL A (SENEA) is negative.
What is the buy/sell signal for SENECA FOODS CORP - CL A (SENEA) stock?
The buy/sell signal for SENECA FOODS CORP - CL A (SENEA) is hold as the short term and long term trends are mixed.