SMITHFIELD FOODS INC (SFD) Stock Technical Analysis
NASDAQ:SFD • US8322482071
Taking everything into account, SFD scores 9 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, SFD is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SFD is one of the better performing stocks in the market, outperforming 77% of all stocks.
- SFD is part of the Food Products industry. There are 88 other stocks in this industry. SFD outperforms 78% of them.
- SFD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SFD is lagging the market slightly.
- In the last month SFD has a been trading in the 22.82 - 25.50 range, which is quite wide. It is currently trading near the high of this range.
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
20.95
4 important support areas can be observed.
- A support zone ranging from 24.37 to 24.76. 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 23.32 to 23.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.40 to 22.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.16 to 21.70. 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 SFD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFD is up. |
| ChartMill Relative Strength | 77.8 | POSITIVE | SFD has a high relative strength, it outperformed 77.8% 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) | 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) | 66.99 | NEUTRAL | The RSI value for SFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SFD has a positive trend. |
| Stochastics (14,3) | 71.96 | NEUTRAL | The Stochastics value for SFD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for SFD suggests low volalility. |
| Average Directional Index/ADX (14) | 42.07 | POSITIVE | The high ADX value value for SFD suggests a strong trend. |
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 |
|---|---|---|---|
| 25.51 | 24.36 | 1.15 (4.51%) | 22.18% |
| An entry @25.51. This is a Buy Stop order right above the 10 day high. | An exit @24.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.15 points, which is 4.51%. | For a 1.00% total portfolio risk, you can invest 22.18% 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.
25.19
+0.15 (+0.6%)
SMITHFIELD FOODS INC / SFD FAQ
Can you provide the ChartMill technical rating for SMITHFIELD FOODS INC?
ChartMill assigns a technical rating of 9 / 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 66.9854. 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 0.0124718, 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 buy as both the short term and long term trends are positive.