Sanderson Farms, Inc. ($SAFM): The Good, The Bad, The Ugly (2019-11-13)

REPORTING FOR 2019-11-13 | LOGISTICS-BUSINESS-REVIEW.COM: 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. ($SAFM) opened at 156.42, reaching a high of 162.44 and a low of 156.0 before closing at a price of 161.8. There was a total volume of 469773.

VOLUME INDICATORS FOR SANDERSON FARMS, INC. ($SAFM): We saw an accumulation-distribution index of 1832.04445, an on-balance volume of -156.61, chaikin money flow of 1.13953 and a force index of 14.6048. There was an ease of movement rating of 0.00733, a volume-price trend of 16.92043 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR SANDERSON FARMS, INC. ($SAFM): We noted an average true range of 2.8264, bolinger bands of 157.35761, an upper bollinger band of 153.15739, lower bollinger band of 156.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 158.28667, high band keltner channel of 152.26667, low band keltner channel of 164.30667, 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 156.0, a donchian channel low band of 156.0, 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. ($SAFM): We calculated a Moving Average Convergence Divergence (MACD) of -0.03332, a MACD signal of -0.01851, a MACD difference of -0.01481, a fast Exponential Moving Average (EMA) indicator of 156.0, a slow Exponential Moving Average (EMA) indicator of 156.0, 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 0.81274, a trix of 7.40266, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -14.7876, a KST Oscillator (KST) of 104.71883 and a KST Oscillator (KST Signal) of 104.71883 (leaving a KST difference of -2.62902). We also found an Ichimoku rating of 159.43, an Ichimoku B rating of 159.43, a Ichimoku visual trend A of 145.74333, an Ichimoku visual trend B of 146.9122, 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. ($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 97.23822, a stochastic oscillator of 106.97674, a stochastic oscillator signal of 106.97674, a Williams %R rating of 6.97674 and an awesome oscillator of -0.58267.

RETURNS FOR SANDERSON FARMS, INC. ($SAFM): There was a daily return of 10.47188, a daily log return of -0.95648 and a cumulative return of -0.95192.

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 2019-11-13 (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. ($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. ($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.

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