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Today FARM ranks #13116 as sell candidate. Get a Free Stock at Robinhood
Stronger Stock

Farmer Brothers Company Stock Forecast NASDAQ:FARM

$6.85 (-3.52%)

Volume: 133k

Closed: Nov 26, 2021

Hollow Logo Score: -6.245

Farmer Brothers Company Stock Forecast

$6.85 (-3.52%)

Volume: 133k

Closed: Nov 26, 2021

Score Hollow Logo -6.245
Which way will FARM go? Request
Key Stats
Beta 1
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] The Farmer Brothers Company stock currently holds an RSI14 at 20 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Farmer Brothers Company stock downgraded from Sell Candidate to Strong Sell Candidate after Friday trading session.
(Updated on Nov 26, 2021)


Sell candidate since 2021-11-18 Loss -9.27%

The Farmer Brothers Company stock price fell by -3.52% on the last day (Friday, 26th Nov 2021) from $7.10 to $6.85. During the day the stock fluctuated 4.75% from a day low at $6.74 to a day high of $7.06. The price has fallen in 8 of the last 10 days and is down by -19.79% for this period. Volume has increased on the last day by 86 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 133 thousand shares were bought and sold for approximately $908.65 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -10.21% during the next 3 months and, with a 90% probability hold a price between $5.68 and $7.46 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The Farmer Brothers Company stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $7.28 and $7.71. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, September 16, 2021, and so far it has fallen -24.39%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Farmer Brothers Company gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.32 between high and low, or 4.75%. For the last week, the stock has had a daily average volatility of 4.87%.

Farmer Brothers Company is oversold on RSI14 (20). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Farmer Brothers Company stock A Buy?

Farmer Brothers Company holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Strong Sell candidate.

Current score: -6.245

Predicted Opening Price for Farmer Brothers Company of Monday, November 29, 2021

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

Fair opening price November 29, 2021 Current price
$6.88 $6.85 (Undervalued)
Strong Sell Candidate Downgraded

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Analyst Ratings

On Sep 01, 2021 "Roth Capital" gave "$7.00 - $14.00" rating for FARM. The price target was set to $7.40+1.9%.

Volatility and Risk
Daily Average Volatility: 4.87 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.87 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $8.34
Price: $6.85
No Support Found

FARM Insider Trading Show all Trades

INSIDER POWER

1.499

Last 100 transactions
Buy: 1 649 985 | Sell: 1 100 948 (Shares)
Date Action Amount Person Type
Nov 01, 2021 Buy 32 851 Jefferson Amber Dawn Common Stock
Sep 17, 2021 Buy 1 500 Mottern Christopher P Common Stock, $1.00 par value
Sep 13, 2021 Buy 112 612 Maserang Ii D Deverl Common Stock
Sep 13, 2021 Buy 15 015 Moragne Maurice S.j. Common Stock
Sep 13, 2021 Buy 17 517 Drake Scott Ray Common Stock
Show all Insider Trades
INSIDER POWER

1.499

Last 100 transactions
Buy: 1 649 985 | Sell: 1 100 948 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 7.20 5.16 %
7.08 3.37 %
7.01 2.27 %
Current price: 6.85
Support 6.76 -1.30 %
6.69 -2.40 %
6.56 -4.18 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 8.46 23.50 %
8.35 21.90 %
8.34 21.75 %
Current price 6.85
Support 0 .
0 .
0 .

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About Farmer Brothers Company

Farmer Brothers Company Farmer Bros. Co. engages in the manufacture, wholesale, and distribution of coffee, tea, and culinary products in the United States. The company offers roast and ground coffee; frozen liquid coffee; flavored and unflavored iced and hot teas; culinary products, including gelatins and puddings, soup bases, dressings, gravy and sauce mixes, pancake and biscuit mixes, jellies and preserves, and coffee-related products, such as coffee filters, sugar, ... Read more

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