Taking everything into account, SFM scores 1 out of 10 in our technical rating. SFM'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.
SFM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 84.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.60, a Stop Loss order could be placed below this zone.
More info and screens
76.48
2 important support areas can be observed.
- A support zone ranging from 78.80 to 79.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @77.25 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.82 to 85.86. 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 | DOWN | NEGATIVE | The long term trend for SFM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SFM is down. |
| ChartMill Relative Strength | 6.79 | NEGATIVE | SFM has a low relative strength, it was outperformed by 93.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SFM is above the rising 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) | DOWN | NEGATIVE | The current price of SFM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.9 | NEUTRAL | The RSI value for SFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.74 | POSITIVE | The MACD value suggests SFM has a positive trend. |
| Stochastics (14,3) | 84.81 | OVERBOUGHT | The high Stochastics value suggests SFM may be overbought. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for SFM suggests some volalility. |
| Average Directional Index/ADX (14) | 43.67 | POSITIVE | The high ADX value value for SFM suggests a strong trend. |
84.81
-1.05 (-1.22%)
SPROUTS FARMERS MARKET INC / SFM FAQ
Can you provide the ChartMill technical rating for SPROUTS FARMERS MARKET INC?
ChartMill assigns a technical rating of 1 / 10 to SFM.
What is the current trend direction of SPROUTS FARMERS MARKET INC (SFM) stock?
The current trend direction for SPROUTS FARMERS MARKET INC (SFM) is Bearish.
What is the RSI signal for SPROUTS FARMERS MARKET INC (SFM) stock?
SPROUTS FARMERS MARKET INC (SFM) has an RSI value of 44.8954. This indicates that the stock is currently neutral.
What is the buy/sell signal for SPROUTS FARMERS MARKET INC (SFM) stock?
The buy/sell signal for SPROUTS FARMERS MARKET INC (SFM) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SFM stock?
SPROUTS FARMERS MARKET INC (SFM) has a support level at 79.6 and a resistance level at 84.82. Check the full technical report for our detailed analysis of SFM support and resistance levels.