We assign a technical rating of 2 out of 10 to SMPL. In the past year, SMPL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of SMPL is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.49 to 19.72. 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 18.60 to 19.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.66 to 20.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.49 from a trend line in the weekly time frame.
- Resistance @26.15 from a trend line in the daily time frame.
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 SMPL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMPL is neutral. |
| ChartMill Relative Strength | 11.13 | NEGATIVE | SMPL has a low relative strength, it was outperformed by 88.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMPL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMPL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMPL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.22 | NEUTRAL | The RSI value for SMPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SMPL has a positive trend. |
| Stochastics (14,3) | 41.96 | NEUTRAL | The Stochastics value for SMPL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SMPL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for SMPL suggests a possible start of a new trend. |
20.65
+1.28 (+6.61%)
SIMPLY GOOD FOODS CO/THE / SMPL FAQ
What is the ChartMill technical rating of SIMPLY GOOD FOODS CO/THE (SMPL) stock?
ChartMill assigns a technical rating of 2 / 10 to SMPL.
Can you provide the trend direction for SIMPLY GOOD FOODS CO/THE?
The current trend direction for SIMPLY GOOD FOODS CO/THE (SMPL) is Bearish.
What is the RSI signal for SMPL stock?
SIMPLY GOOD FOODS CO/THE (SMPL) has an RSI value of 61.2227. This indicates that the stock is currently neutral.
What is the MACD signal for SMPL stock?
The MACD indicator for SIMPLY GOOD FOODS CO/THE (SMPL) has a value of 0.0919319, indicating a bearish trend.
What is the support and resistance level for SMPL stock?
SIMPLY GOOD FOODS CO/THE (SMPL) has a support level at 19.72 and a resistance level at 20.66. Check the full technical report for our detailed analysis of SMPL support and resistance levels.