SPROUTS FARMERS MARKET INC (SFM) Stock Technical Analysis
NASDAQ:SFM - Nasdaq - US85208M1027 - Common Stock - Currency: USD
Overall SFM gets a technical rating of 3 out of 10. Although SFM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SFM is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. SFM outperforms 71% of them.
SFM has an average volume of 1985270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that SFM is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, SFM also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
SFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SFM is lagging the market.
In the last month SFM has a been trading in the 144.57 - 171.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SFM is bad and it also does not present a quality setup 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
147.74
178.89
We found 1 important support area.
- A support zone ranging from 149.23 to 149.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 157.21 to 160.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 163.28 to 165.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @169.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 177.12 to 177.12. 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 SFM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SFM is down. |
| ChartMill Relative Strength | 82.88 | POSITIVE | SFM has a high relative strength, it outperformed 82.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SFM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SFM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SFM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.72 | NEUTRAL | The RSI value for SFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.38 | NEGATIVE | The MACD value suggests SFM has a negative trend. |
| Stochastics (14,3) | 29.37 | NEUTRAL | The Stochastics value for SFM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SFM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for SFM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
149.24
-4.57 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-2.97%
1 Week-4.91%
2 Weeks-9.27%
1 Month-6.07%
3 Month-7.75%
6 Month-11.15%
12 Month55.01%
2 Year265.87%
3 Year416.4%
5 Year539.14%
10 Year632.65%
15 YearN/A
Volatility
ATR(14)5.12
ATR(20)%3.07%
ATR Inc72.53%
Range Today8.55
ADR(20)4.53
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.88
Mansfield-0.3
10 Day High165.97
10 Day Low144.57
20 Day High171.15
20 Day Low144.57
52 Week High182
52 Week Low94.68
CS1 End149.23
CR1 Start157.21
Volume & EV
DER(3)0.31%
DER(5)-0.08%
Volume1.52M
Volume Incr91.35%
Vol(5)2.44M
Vol(50)1.99M