SIMPLY GOOD FOODS CO/THE (SMPL) Stock Technical Analysis
NASDAQ:SMPL • US82900L1026
Overall SMPL gets a technical rating of 0 out of 10. SMPL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 92% of all other stocks performed better in the past year than SMPL.
- SMPL is part of the Food Products industry. There are 87 other stocks in this industry, of which 79% are performing better than SMPL.
- SMPL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SMPL has a been trading in the 15.30 - 21.49 range, which is quite wide. It is currently trading near the lows of this range.
- SMPL has an average volume of 2145730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SMPL is bad and it also does not present a quality setup 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
16.60
We found 1 important resistance area.
- Resistance @18.45 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for SMPL is down. |
| ChartMill Relative Strength | 8.69 | NEGATIVE | SMPL has a low relative strength, it was outperformed by 91.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMPL is below a declining 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) | 39.3 | NEUTRAL | The RSI value for SMPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SMPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.99 | NEUTRAL | The Stochastics value for SMPL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for SMPL suggests some volalility. |
| Average Directional Index/ADX (14) | 38.59 | POSITIVE | The high ADX value value for SMPL suggests a strong trend. |
16.77
+0.65 (+4.03%)
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 0 / 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 39.2981. 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 -0.103448, indicating a bearish trend.
What is the support and resistance level for SMPL stock?
SIMPLY GOOD FOODS CO/THE (SMPL) has a resistance level at 18.45. Check the full technical report for our detailed analysis of SMPL support and resistance levels.