We assign a technical rating of 2 out of 10 to SFD. SFD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SFD has a poor technical rating and the quality of the setup is also only medium 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
20.92
We found 3 important support areas.
- A support zone ranging from 21.98 to 22.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.55 from a trend line in the daily 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.
We found 1 important resistance area.
- A resistance zone ranging from 22.60 to 22.98. 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 | NEUTRAL | NEUTRAL | The long term trend for SFD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SFD is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SFD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SFD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SFD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SFD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.19 | NEUTRAL | The RSI value for SFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SFD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.34 | NEUTRAL | The Stochastics value for SFD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for SFD suggests low volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for SFD suggests a weak or negative trend. |
22.48
+0.06 (+0.27%)
SMITHFIELD FOODS INC / SFD FAQ
Can you provide the ChartMill technical rating for SMITHFIELD FOODS INC?
ChartMill assigns a technical rating of 2 / 10 to SFD.
Can you provide the trend direction for SMITHFIELD FOODS INC?
The current trend direction for SMITHFIELD FOODS INC (SFD) is Bearish.
What is the RSI signal for SFD stock?
SMITHFIELD FOODS INC (SFD) has an RSI value of 56.1905. 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 -0.0389281, indicating a bearish trend.