SMITHFIELD FOODS INC (SFD) Technical Analysis
NASDAQ:SFD • US8322482071
Current stock price
SFD Technical Rating and Analysis
Taking everything into account, SFD scores 7 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that SFD is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, SFD also shows a nice and consistent pattern of rising prices.
- SFD is one of the better performing stocks in the Food Products industry, it outperforms 75% of 87 stocks in the same industry.
- SFD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SFD is performing more or less in line with the market.
- In the last month SFD has a been trading in the 22.87 - 25.40 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
SFD Weekly and Daily overview Charts
SFD Setup Rating and Analysis
Although SFD has an excellent technical rating, the quality of the presented setup is 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
SFD Support and Resistance Analysis
20.92
We found 2 important support areas.
- A support zone ranging from 22.75 to 24.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for SFD is neutral. |
| ChartMill Relative Strength | 78.18 | POSITIVE | SFD has a high relative strength, it outperformed 78.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SFD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SFD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SFD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.91 | NEUTRAL | The RSI value for SFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SFD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.37 | NEUTRAL | The Stochastics value for SFD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for SFD suggests some volalility. |
| Average Directional Index/ADX (14) | 23.99 | 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
24.48
+1 (+4.26%)
SMITHFIELD FOODS INC / SFD TA FAQ
Can you provide the ChartMill technical rating for SMITHFIELD FOODS INC?
ChartMill assigns a technical rating of 7 / 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 56.9055. 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 -0.0256251, indicating a bearish trend.