SPROUTS FARMERS MARKET INC (SFM) Stock Technical Analysis
NASDAQ:SFM - US85208M1027 - Common Stock
141.42 USD
-3.17 (-2.19%)
141.2 USD
-0.22 (-0.16%)
We assign a technical rating of 1 out of 10 to SFM. SFM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month SFM has a been trading in the 141.06 - 160.49 range, which is quite wide. It is currently trading near the lows of this range.
SFM has an average volume of 1924260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SFM turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
SFM is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, SFM did better than 56% of them.
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.
SFM has a poor technical rating and the quality of the setup is also only medium 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
140.00
178.89
When analyzing the support we notice one important area.
- A support zone ranging from 141.41 to 141.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 145.88 to 147.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @151.07 from a horizontal line in the daily time frame.
- Resistance @160.01 from a trend line in the daily time frame.
- Resistance @173.29 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 | 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 | 61.66 | NEUTRAL | SFM is not amongst the best or worst performers 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) | 33.49 | NEUTRAL | The RSI value for SFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SFM has a negative trend. |
| Stochastics (14,3) | 17.33 | OVERSOLD | The low Stochastics value suggests SFM may be oversold. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for SFM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for SFM suggests a possible start of a new 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)
141.42
-3.17 (-2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-2.19%
1 Week-4.71%
2 Weeks-1.39%
1 Month-6.68%
3 Month-18.19%
6 Month-4.7%
12 Month35.92%
2 Year246.7%
3 Year389.34%
5 Year505.65%
10 Year594.26%
15 YearN/A
Volatility
ATR(14)3.81
ATR(20)%2.98%
ATR Inc-37.36%
Range Today3.64
ADR(20)4.08
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.66
Mansfield-1.19
10 Day High152.25
10 Day Low141.06
20 Day High160.49
20 Day Low141.06
52 Week High182
52 Week Low96.05
CS1 End141.41
CR1 Start145.88
Volume & EV
DER(3)-1.2%
DER(5)0.46%
Volume1.84M
Volume Incr-12.65%
Vol(5)1.52M
Vol(50)1.92M