SIMPLY GOOD FOODS CO/THE (SMPL) Stock Technical Analysis
NASDAQ:SMPL - Nasdaq - US82900L1026 - Common Stock - Currency: USD
Taking everything into account, SMPL scores 1 out of 10 in our technical rating. SMPL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
76% of all other stocks performed better in the past year than SMPL.
SMPL 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 SMPL is lagging the market.
In the last month SMPL has a been trading in the 32.94 - 36.92 range, which is quite wide. It is currently trading near the lows of this range.
SMPL is part of the Food Products industry. There are 89 other stocks in this industry, SMPL did better than 55% of them.
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
31.93
39.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 32.98 to 33.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.25 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 33.53 to 33.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 35.06 to 35.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.91 to 37.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.01 to 38.66. 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 SMPL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMPL is down. |
| ChartMill Relative Strength | 24.66 | NEGATIVE | SMPL has a low relative strength, it was outperformed by 75.34% 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) | UP | MIXED | The current price of SMPL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SMPL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.5 | NEUTRAL | The RSI value for SMPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SMPL has a negative trend. |
| Stochastics (14,3) | 16.12 | OVERSOLD | The low Stochastics value suggests SMPL may be oversold. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for SMPL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.45 | NEGATIVE | The low ADX value for SMPL suggests a weak or negative 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)
33.34
-0.53 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.56%
1 Week-3.17%
2 Weeks-3.67%
1 Month-5.74%
3 Month-8.73%
6 Month-14.88%
12 Month-10.33%
2 Year-8.88%
3 Year-11.73%
5 Year79.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.35%
ATR Inc59.23%
Range Today1.04
ADR(20)0.77
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.66
Mansfield-0.99
10 Day High35.16
10 Day Low32.94
20 Day High36.92
20 Day Low32.94
52 Week High40.53
52 Week Low31.25
CS1 End33.16
CR1 Start33.53
Volume & EV
DER(3)-0.46%
DER(5)-0.09%
Volume1.13M
Volume Incr17.84%
Vol(5)867.60K
Vol(50)988.12K