SMITHFIELD FOODS INC (SFD) Technical Analysis
NASDAQ:SFD • US8322482071
Current stock price
SFD Technical Rating and Analysis
Overall SFD gets a technical rating of 4 out of 10. In the last year, SFD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month SFD has a been trading in the 22.87 - 25.46 range, which is quite wide. It is currently trading near the lows of this range.
- SFD is one of the better performing stocks in the Food Products industry, it outperforms 79% 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.
- Looking at the yearly performance, SFD did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- SFD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SFD is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
SFD Weekly and Daily overview Charts
SFD Setup Rating and Analysis
Although the technical rating is only medium, SFD does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
SFD Support and Resistance Analysis
20.92
2 important support areas can be observed.
- Support @22.80 from a trend line in the weekly time frame.
- A support zone ranging from 21.13 to 21.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.54 to 24.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.78 to 25.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
SFD 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 SFD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SFD is down. |
| ChartMill Relative Strength | 77.08 | POSITIVE | SFD has a high relative strength, it outperformed 77.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SFD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SFD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SFD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.32 | NEUTRAL | The RSI value for SFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests SFD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.77 | OVERSOLD | The low Stochastics value suggests SFD may be oversold. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for SFD suggests some volalility. |
| Average Directional Index/ADX (14) | 24.71 | NEUTRAL | The ADX value for SFD suggests a possible start of a new trend. |
SFD Chart- and CandleStick Pattern Analysis
SFD Technicals: Chart, Performance Metrics, Trend & Indicators
23.12
+0.01 (+0.04%)
SMITHFIELD FOODS INC / SFD TA FAQ
Can you provide the ChartMill technical rating for SMITHFIELD FOODS INC?
ChartMill assigns a technical rating of 4 / 10 to SFD.
Can you provide the trend direction for SMITHFIELD FOODS INC?
The current trend direction for SMITHFIELD FOODS INC (SFD) is Bullish.
What is the RSI signal for SFD stock?
SMITHFIELD FOODS INC (SFD) has an RSI value of 37.3167. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SMITHFIELD FOODS INC?
The MACD indicator for SMITHFIELD FOODS INC (SFD) has a value of -0.153386, indicating a bearish trend.
Can you provide the buy/sell signal for SMITHFIELD FOODS INC?
The buy/sell signal for SMITHFIELD FOODS INC (SFD) is hold as the short term and long term trends are mixed.