SENECA FOODS CORP - CL A (SENEA) Technical Analysis
NASDAQ:SENEA • US8170705011
Current stock price
SENEA Technical Rating and Analysis
Taking everything into account, SENEA scores 7 out of 10 in our technical rating. In the last year, SENEA was one of the better performers, but we do observe some doubts in the very recent evolution.
- SENEA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that SENEA is one of the better performing stocks in the market, outperforming 85% 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 89% of 87 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- SENEA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SENEA is lagging the market.
SENEA Weekly and Daily overview Charts
SENEA Setup Rating and Analysis
Although SENEA has an excellent technical rating, it does not offer a high quality setup 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
SENEA Support and Resistance Analysis
99.24
When analyzing the support we can see 4 important areas.
- Support @132.10 from a horizontal line in the daily time frame.
- Support @119.79 from a trend line in the weekly time frame.
- Support @113.73 from a trend line in the weekly time frame.
- Support @100.24 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 133.79 to 134.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
SENEA Technical Indicator Signal Analysis
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 | 85.99 | POSITIVE | SENEA has a high relative strength, it outperformed 85.99% 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) | UP | MIXED | The current price of SENEA is below 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) | 39.21 | NEUTRAL | The RSI value for SENEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.66 | NEGATIVE | The MACD value suggests SENEA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.3 | NEUTRAL | The Stochastics value for SENEA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for SENEA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.33 | POSITIVE | The high ADX value value for SENEA suggests a strong trend. |
SENEA Chart- and CandleStick Pattern Analysis
SENEA Technicals: Chart, Performance Metrics, Trend & Indicators
133.33
-1.2 (-0.89%)
SENECA FOODS CORP - CL A / SENEA TA FAQ
Can you provide the ChartMill technical rating for SENECA FOODS CORP - CL A?
ChartMill assigns a technical rating of 7 / 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 SENEA stock?
SENECA FOODS CORP - CL A (SENEA) has an RSI value of 39.2123. This indicates that the stock is currently neutral.
What is the MACD signal for SENECA FOODS CORP - CL A (SENEA) stock?
The MACD indicator for SENECA FOODS CORP - CL A (SENEA) has a value of -3.66473, indicating a bearish trend.
What is the buy/sell signal for 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.