REPORTING FOR 2019-12-27 | WCX19.ORG: We have done an in-depth analysis of how SAFM has been trading over the last 2 weeks and the past day especially. On its latest session, Sanderson Farms, Inc. (NASDAQ:SAFM) opened at 175.7, reaching a high of 178.23 and a low of 174.195 before closing at a price of 175.84. There was a total volume of 195352.
VOLUME INDICATORS FOR SANDERSON FARMS, INC. (NASDAQ:SAFM): We saw an accumulation-distribution index of 2603.27597, an on-balance volume of 175.7, chaikin money flow of 2.18972 and a force index of 0.476. There was an ease of movement rating of 0.00044, a volume-price trend of 27.03542 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR SANDERSON FARMS, INC. (NASDAQ:SAFM): We noted an average true range of 2.87915, bolinger bands of 174.40193, an upper bollinger band of 174.09617, lower bollinger band of 174.195, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 176.04167, high band keltner channel of 173.51167, low band keltner channel of 178.57167, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 174.195, a donchian channel low band of 174.195, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR SANDERSON FARMS, INC. (NASDAQ:SAFM): We calculated a Moving Average Convergence Divergence (MACD) of 0.00243, a MACD signal of 0.00135, a MACD difference of 0.00108, a fast Exponential Moving Average (EMA) indicator of 174.195, a slow Exponential Moving Average (EMA) indicator of 174.195, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.33847, a trix of 10.85686, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -23.30028, a KST Oscillator (KST) of 154.41418 and a KST Oscillator (KST Signal) of 154.41418 (leaving a KST difference of 0.1791). We also found an Ichimoku rating of 176.965, an Ichimoku B rating of 176.965, a Ichimoku visual trend A of 156.57053, an Ichimoku visual trend B of 159.06145, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR SANDERSON FARMS, INC. (NASDAQ:SAFM): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 93.93274, a stochastic oscillator of 159.48617, a stochastic oscillator signal of 159.48617, a Williams %R rating of 59.48617 and an awesome oscillator of -0.39633.
RETURNS FOR SANDERSON FARMS, INC. (NASDAQ:SAFM): There was a daily return of 15.44142, a daily log return of 0.06204 and a cumulative return of 0.06206.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-27 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Sanderson Farms, Inc. (NASDAQ:SAFM)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Sanderson Farms, Inc. (NASDAQ:SAFM) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.