RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FARM
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Farmer Brothers Company stock upgraded to Buy Candidate.
(Updated on Jul 19, 2024)

Buy candidate since Jul 19, 2024 PDF

The Farmer Brothers Company stock price fell by -1.74% on the last day (Friday, 19th Jul 2024) from $2.88 to $2.83. During the last trading day the stock fluctuated 5.34% from a day low at $2.81 to a day high of $2.96. The price has risen in 6 of the last 10 days and is up by 6.79% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -41 thousand shares and in total, 37 thousand shares were bought and sold for approximately $105.21 thousand.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $2.92 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -16.09% during the next 3 months and, with a 90% probability hold a price between $1.93 and $2.45 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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FARM Signals & Forecast

The Farmer Brothers Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $2.82 and $2.78. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, July 17, 2024, and so far it has fallen -3.74%. Further fall is indicated until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Farmer Brothers Company stock

Farmer Brothers Company finds support from accumulated volume at $2.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.150 between high and low, or 5.34%. For the last week the stock has had daily average volatility of 4.90%.

Our recommended stop-loss: $2.70 (-4.46%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 12 days ago.)

Trading Expectations (FARM) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Farmer Brothers Company to open at $2.87, and during the day (based on 14 day Average True Range), to move between $2.68 and $2.98, which gives a possible trading interval of +/-$0.150 (+/-5.31%) up or down from last closing price. If Farmer Brothers Company takes out the full calculated possible swing range there will be an estimated 10.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.82 (0.35%) than the resistance at $2.98 (5.30%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Farmer Brothers Company stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 1.392 Buy Candidate Upgraded

Predicted Opening Price for Farmer Brothers Company of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$2.87 ( 1.30%) $2.83

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FARM

Fibonacci Support & Resistance Levels

Level Price
R3 3.02 6.60%
R2 2.96 4.57%
R1 2.92 3.32%
Price 2.83
S1 2.81 -0.729%
S2 2.77 -1.98%
S3 2.72 -4.00%

Accumulated Volume Support & Resistance Levels

Level Price
R3 3.13 10.60%
R2 3.00 6.01%
R1 2.98 5.30%
Price 2.83
S1 2.82 -0.353%
S2 2.80 -1.06%
S3 2.60 -8.13%

FARM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 15, 2010 Jan 26, 2011 Feb 14, 2011 $0.0600 0.428%
2 Sep 01, 2010 Oct 20, 2010 Nov 08, 2010 $0.115 0.678%
3 Jun 01, 2010 Jul 21, 2010 Aug 09, 2010 $0.115 0.663%
4 Mar 01, 2010 Apr 21, 2010 May 10, 2010 $0.115 0.593%
5 Dec 15, 2009 Jan 20, 2010 Feb 08, 2010 $0.115 0.688%

FAQ

What is the symbol for Farmer Brothers Company Stock and on which exchange is it traded?
The symbol for Farmer Brothers Company is FARM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Farmer Brothers Company Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Farmer Brothers Company Stock?
Farmer Brothers Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Farmer Brothers Company Stock.

What's the current price of Farmer Brothers Company Stock?
As of the end of day on the Jul 19, 2024, the price of an Farmer Brothers Company (FARM) share was $2.83.

What is the 52-week high and low for Farmer Brothers Company Stock?
The 52-week high for Farmer Brothers Company Stock is $4.04 and the 52-week low is $1.80.

What is the market capitalization of Farmer Brothers Company Stock?
As of the Jul 19, 2024, the market capitalization of Farmer Brothers Company is 60.178M.

When is the next earnings date for Farmer Brothers Company?
The upcoming earnings date for Farmer Brothers Company is Sep 10, 2024.
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About Farmer Brothers Company

Farmer Brothers Company Farmer Bros. Co. engages in the roasting, wholesale, equipment servicing, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavoured and unflavoured iced and hot teas; culinary products, including spices, pancake and biscuit mixes, gravy and sauce mixes, soup bases, dressings, and syrups and sauces, as well as coffee filters, cups, sugar, and creamers; a... FARM Profile

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