SENECA FOODS CORP - CL A (SENEA) Stock Technical Analysis
NASDAQ:SENEA - Nasdaq - US8170705011 - Common Stock - Currency: USD
Taking everything into account, SENEA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SENEA is showing a nice and steady performance.
Warning: SENEA has an average volume of 25846 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SENEA did better than 93% of all other stocks. We also observe that the gains produced by SENEA over the past year are nicely spread over this period.
SENEA is part of the Food Products industry. There are 90 other stocks in this industry. SENEA outperforms 95% of them.
SENEA is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SENEA is leading the market.
In the last month SENEA has a been trading in the 86.39 - 94.86 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SENEA also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
81.20
95.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 90.66 to 90.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 87.34 to 88.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 84.64 to 85.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 82.02 to 82.54. 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 | 93.73 | POSITIVE | SENEA has a high relative strength, it outperformed 93.73% 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) | 62.77 | NEUTRAL | The RSI value for SENEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests SENEA has a positive trend. |
| Stochastics (14,3) | 86.26 | OVERBOUGHT | The high Stochastics value suggests SENEA may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SENEA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.09 | NEUTRAL | The ADX value for SENEA suggests a possible start of a new trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 94.87 | 90.65 | 4.22 (4.45%) | 22.48% |
| An entry @94.87. This is a Buy Stop order right above the 10 day high. | An exit @90.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.22 points, which is 4.45%. | For a 1.00% total portfolio risk, you can invest 22.48% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
94.31
+0.6 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.64%
1 Week4.45%
2 Weeks3.48%
1 Month5.63%
3 Month16.15%
6 Month30.8%
12 Month59.52%
2 Year103.96%
3 Year65.89%
5 Year158.6%
10 Year234.43%
15 Year220.13%
Volatility
ATR(14)2.43
ATR(20)%2.44%
ATR Inc5.04%
Range Today2.27
ADR(20)2.29
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.73
Mansfield2.65
10 Day High94.86
10 Day Low89.47
20 Day High94.86
20 Day Low86.39
52 Week High94.86
52 Week Low51.79
CS1 End90.69
CR1 StartN/A
Volume & EV
DER(3)0.78%
DER(5)0.55%
Volume16.20K
Volume Incr-10.81%
Vol(5)16.42K
Vol(50)25.85K