SPROUTS FARMERS MARKET INC (SFM)
US85208M1027 - Common Stock
Overall SFM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SFM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SFM did better than 95% of all other stocks. On top of that, SFM also shows a nice and consistent pattern of rising prices.
SFM is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 97% of 41 stocks in the same industry.
SFM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SFM is leading the market.
In the last month SFM has a been trading in the 61.61 - 66.18 range, which is quite wide. It is currently trading near the high of this range.
SFM has an average volume of 1406230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, SFM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 65.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
42.12
66.57
4 important support areas can be observed.
- A support zone ranging from 63.82 to 64.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 59.85 to 62.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.18 from a trend line in the weekly time frame.
- Support @42.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 65.91 to 65.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.91
Mansfield3.19
10 Day High66.18
10 Day Low61.61
20 Day High66.18
20 Day Low61.61
52 Week High66.18
52 Week Low32.12
Performance
1 Week4.44%
2 Weeks2.33%
1 Month2.9%
3 Month32.46%
6 Month51.63%
12 Month90.13%
2 Year121.14%
3 Year157.32%
5 Year207.66%
10 Year106.13%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.13
RSI(14)66.88
LBB61.31
UBB66.57
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 65.92 | 63.81 | 2.11 (3.20%) | 25.00% |
| An entry @65.92. This is a Buy Stop order right above the resistance zone. | An exit @63.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.11 points, which is 3.20%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.80%. |
- The distance between exit and entry is rather small compared to the average daily movement of SFM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SPROUTS FARMERS MARKET INC
NASDAQ:SFM (4/25/2024, 7:16:53 PM)
Premarket: 65.01 -0.89 (-1.35%)65.9
+0.31 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.47%
1 Week4.44%
2 Weeks2.33%
1 Month2.9%
3 Month32.46%
6 Month51.63%
12 Month90.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.45
ATR(20)%2.03%
ATR Inc
Range Today0.98
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High66.18
10 Day Low61.61
20 Day High66.18
20 Day Low61.61
52 Week High66.18
52 Week Low32.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.80M
Volume Incr35.2%
Vol(5)1.50M
Vol(50)1.41M