FRESH MKT INC (TFM) Technical Analysis
NASDAQ:TFM • US35804H1068
Current stock price
TFM Technical Rating and Analysis
Taking everything into account, TFM scores 7 out of 10 in our technical rating. Although TFM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- TFM has an average volume of 2092890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, TFM did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- TFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TFM is lagging the market.
- In the last month TFM has a been trading in a tight range between 28.03 and 28.60.
TFM Weekly and Daily overview Charts
TFM Setup Rating and Analysis
TFM has an excellent technical rating, but the quality of the setup is 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
TFM Support and Resistance Analysis
18.92
We found 3 important support areas.
- A support zone ranging from 28.23 to 28.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.72 from a horizontal line in the daily time frame.
- Support @19.11 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.51 to 28.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TFM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for TFM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TFM is up. |
| ChartMill Relative Strength | 77.33 | POSITIVE | TFM has a high relative strength, it outperformed 77.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TFM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TFM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TFM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.58 | OVERBOUGHT | The high RSI value suggests TFM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TFM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.21 | NEUTRAL | The Stochastics value for TFM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for TFM suggests low volalility. |
TFM Chart- and CandleStick Pattern Analysis
TFM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.60 | 28.02 | 0.58 (2.03%) | 25.00% |
| An entry @28.60. This is a Buy Stop order right above the resistance zone. | An exit @28.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.58 points, which is 2.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TFM Technicals: Chart, Performance Metrics, Trend & Indicators
28.51
+0.02 (+0.07%)
FRESH MKT INC / TFM TA FAQ
What is the technical rating for TFM stock?
ChartMill assigns a technical rating of 7 / 10 to TFM.
What is the current trend direction of FRESH MKT INC (TFM) stock?
The current trend direction for FRESH MKT INC (TFM) is Bullish.
What is the RSI signal for TFM stock?
FRESH MKT INC (TFM) has an RSI value of 70.5835. This indicates that the stock is currently overbought.
Can you provide the MACD signal for FRESH MKT INC?
The MACD indicator for FRESH MKT INC (TFM) has a value of -0.177136, indicating a bearish trend.
Can you provide the buy/sell signal for FRESH MKT INC?
The buy/sell signal for FRESH MKT INC (TFM) is buy as both the short term and long term trends are positive.