SPROUTS FARMERS MARKET INC (SFM) Technical Analysis
NASDAQ:SFM • US85208M1027
Current stock price
SFM Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to SFM. Recently some decent action could be observed, but in the medium term time frame this is still negative. SFM was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, SFM is a bad performer in the overall market: 83% of all stocks are doing better.
- SFM is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 81% of 38 stocks in the same industry do better.
- SFM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SFM is lagging the market.
- In the last month SFM has a been trading in the 65.01 - 82.20 range, which is quite wide. It is currently trading near the high of this range.
- SFM has an average volume of 3030360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SFM Weekly and Daily overview Charts
SFM Setup Rating and Analysis
SFM has an average technical rating and the quality of the presented setup is also 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
SFM Support and Resistance Analysis
72.86
We found 1 important support area.
- A support zone ranging from 73.60 to 75.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.07 to 82.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
SFM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for SFM is up. |
| ChartMill Relative Strength | 17.82 | NEGATIVE | SFM has a low relative strength, it was outperformed by 82.18% 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) | UP | POSITIVE | The current price of SFM is above the rising 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) | 65.34 | NEUTRAL | The RSI value for SFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.78 | POSITIVE | The MACD value suggests SFM has a positive trend. |
| Stochastics (14,3) | 85.15 | OVERBOUGHT | The high Stochastics value suggests SFM may be overbought. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SFM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.2 | POSITIVE | The high ADX value value for SFM suggests a strong trend. |
SFM Chart- and CandleStick Pattern Analysis
SFM Technicals: Chart, Performance Metrics, Trend & Indicators
82.06
+3.22 (+4.08%)
SPROUTS FARMERS MARKET INC / SFM TA FAQ
Can you provide the ChartMill technical rating for SPROUTS FARMERS MARKET INC?
ChartMill assigns a technical rating of 4 / 10 to SFM.
What is the trend direction for 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 65.3381. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPROUTS FARMERS MARKET INC?
The MACD indicator for SPROUTS FARMERS MARKET INC (SFM) has a value of 0.776275, indicating a bearish trend.
Can you provide the buy/sell signal for SPROUTS FARMERS MARKET INC?
The buy/sell signal for SPROUTS FARMERS MARKET INC (SFM) is hold as the short term and long term trends are mixed.