SMITHFIELD FOODS INC (SFD) Stock Technical Analysis
USA - NASDAQ:SFD - US8322482071 - Common Stock
Overall SFD gets a technical rating of 1 out of 10. SFD performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
SFD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.45, a Stop Loss order could be placed below this zone.
More info and screens
20.95
We found 1 important support area.
- A support zone ranging from 21.16 to 21.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.16 to 22.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.60 to 23.15. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for SFD is down. |
| 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) | DOWN | MIXED | The current price of SFD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SFD is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 45.93 | NEUTRAL | The RSI value for SFD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SFD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.13 | NEUTRAL | The Stochastics value for SFD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SFD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.49 | POSITIVE | The high ADX value value for SFD suggests a strong trend. |
22.02
+0.07 (+0.32%)
SMITHFIELD FOODS INC / SFD FAQ
Can you provide the ChartMill technical rating for SMITHFIELD FOODS INC?
ChartMill assigns a technical rating of 1 / 10 to SFD.
What is the trend direction for SFD stock?
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 45.933. This indicates that the stock is currently neutral.
What is the short term momentum for SMITHFIELD FOODS INC (SFD) stock?
The short term momentum for SMITHFIELD FOODS INC (SFD) is negative.
What is the support and resistance level for SFD stock?
SMITHFIELD FOODS INC (SFD) has a support level at 21.45 and a resistance level at 22.16. Check the full technical report for our detailed analysis of SFD support and resistance levels.