SIMPLY GOOD FOODS CO/THE (SMPL) Stock Technical Analysis
NASDAQ:SMPL - Nasdaq - US82900L1026 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SMPL. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SMPL is a bad performer in the overall market: 85% of all stocks are doing better.
SMPL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SMPL has a been trading in the 31.45 - 35.16 range, which is quite wide. It is currently trading near the lows of this range.
SMPL has an average volume of 1006070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SMPL is part of the Food Products industry. There are 91 other stocks in this industry, SMPL did better than 45% of them.
Volume is considerably higher in the last couple of days.
SMPL has a poor technical rating and the quality of the setup is also only medium 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
31.00
38.87
We found 1 important support area.
- A support zone ranging from 31.31 to 31.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 33.86 to 34.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.59 to 37.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.37 to 38.49. 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 | 15.52 | NEGATIVE | SMPL has a low relative strength, it was outperformed by 84.48% 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) | 40.29 | NEUTRAL | The RSI value for SMPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SMPL has a positive trend. |
| Stochastics (14,3) | 23.42 | NEUTRAL | The Stochastics value for SMPL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for SMPL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.08 | POSITIVE | The high ADX value value for SMPL suggests a strong 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)
32.04
-0.39 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-1.2%
1 Week1.04%
2 Weeks-2.26%
1 Month-7.1%
3 Month-5.35%
6 Month-18.89%
12 Month-11.54%
2 Year-17.23%
3 Year-1.78%
5 Year33.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%2.54%
ATR Inc82.87%
Range Today0.58
ADR(20)0.8
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.52
Mansfield-1.58
10 Day High33.47
10 Day Low31.45
20 Day High35.16
20 Day Low31.45
52 Week High40.53
52 Week Low31.25
CS1 End31.59
CR1 Start34.16
Volume & EV
DER(3)0.76%
DER(5)2.06%
Volume1.41M
Volume Incr43.31%
Vol(5)1.56M
Vol(50)1.01M