SIMPLY GOOD FOODS CO/THE (SMPL) Stock Technical Analysis
USA - NASDAQ:SMPL - US82900L1026 - Common Stock
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.
Although the technical rating is bad, SMPL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.23, a Stop Loss order could be placed below this zone.
More info and screens
18.85
We found 1 important support area.
- A support zone ranging from 19.04 to 19.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 19.77 to 20.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.58 from a horizontal line in the daily time frame.
- A resistance zone ranging from 22.98 to 23.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.70 to 27.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.99 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 | 6.79 | NEGATIVE | SMPL has a low relative strength, it was outperformed by 93.21% 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) | 37.01 | NEUTRAL | The RSI value for SMPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests SMPL has a positive trend. |
| Stochastics (14,3) | 48.36 | NEUTRAL | The Stochastics value for SMPL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for SMPL suggests high volalility. |
| Average Directional Index/ADX (14) | 43.57 | POSITIVE | The high ADX value value for SMPL suggests a strong trend. |
19.69
-0.5 (-2.48%)
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.
What is the trend direction for SMPL stock?
The current trend direction for SIMPLY GOOD FOODS CO/THE (SMPL) is Bearish.
What is the RSI signal for SIMPLY GOOD FOODS CO/THE (SMPL) stock?
SIMPLY GOOD FOODS CO/THE (SMPL) has an RSI value of 37.0095. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIMPLY GOOD FOODS CO/THE?
The MACD indicator for SIMPLY GOOD FOODS CO/THE (SMPL) has a value of 0.195981, indicating a bearish trend.
Can you provide the buy/sell signal for SIMPLY GOOD FOODS CO/THE?
The buy/sell signal for SIMPLY GOOD FOODS CO/THE (SMPL) is sell as both the short term and long term trends are negative.