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RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MFI.TO
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Red day on Friday for Maple Leaf Foods Inc. stock after losing 0%
(Updated on Jun 14, 2024)

Sell candidate since Jun 13, 2024 PDF

No changes to the price of Maple Leaf Foods Inc. stock on the last trading day (Friday, 14th Jun 2024). During the last trading day the stock fluctuated 1.76% from a day low at $22.71 to a day high of $23.11. The price has risen in 6 of the last 10 days and is up by 2.21% over the past 2 weeks.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Maple Leaf Foods Inc. stock with a 90% probability to be traded between $22.04 and $24.35 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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MFI.TO Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, May 31, 2024, and so far it has risen 2.21%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Maple Leaf Foods Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $23.46. On a fall, the stock will find some support from the short-term average at $22.97. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Maple Leaf Foods Inc. stock

Maple Leaf Foods Inc. finds support from accumulated volume at $22.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.400 between high and low, or 1.76%. For the last week the stock has had daily average volatility of 2.25%.

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

Trading Expectations (MFI.TO) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Maple Leaf Foods Inc. to open at $22.97, and during the day (based on 14 day Average True Range), to move between $22.65 and $23.55, which gives a possible trading interval of +/-$0.451 (+/-1.95%) up or down from last closing price. If Maple Leaf Foods Inc. takes out the full calculated possible swing range there will be an estimated 3.90% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $22.85 (1.08%) than the resistance at $23.39 (1.26%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Maple Leaf Foods Inc. stock A Buy?

Maple Leaf Foods Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.621 Sell Candidate Unchanged

Predicted Opening Price for Maple Leaf Foods Inc. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$22.97 ( 0.548%) $23.10

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

Trading levels for MFI.TO

Fibonacci Support & Resistance Levels

Level Price
R3 23.37 1.18%
R2 23.22 0.522%
R1 23.13 0.113%
Price 23.10
S1 22.82 -1.21%
S2 22.73 -1.62%
S3 22.57 -2.28%

Accumulated Volume Support & Resistance Levels

Level Price
R3 23.95 3.68%
R2 23.73 2.73%
R1 23.39 1.26%
Price 23.10
S1 22.85 -1.08%
S2 22.66 -1.90%
S3 22.21 -3.85%

MFI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 06, 2024 Jun 06, 2024 Jun 28, 2024 $0.220 0.95%
2 Feb 21, 2024 Mar 07, 2024 Mar 28, 2024 $0.220 0.99%
3 Nov 02, 2023 Dec 07, 2023 Dec 29, 2023 $0.210 0.83%
4 Aug 02, 2023 Sep 07, 2023 Sep 28, 2023 $0.210 0.82%
5 Jun 07, 2023 Jun 07, 2023 Sep 28, 2023 $0.210 0.82%

FAQ

What is the symbol for Maple Leaf Foods Inc. Stock and on which exchange is it traded?
The symbol for Maple Leaf Foods Inc. is MFI.TO and it is traded on the TSX (Toronto Stock Exchange).

Should I buy or sell Maple Leaf Foods Inc. Stock?
Maple Leaf Foods Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Maple Leaf Foods Inc. Stock?
Maple Leaf Foods Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Maple Leaf Foods Inc. Stock.

What's the current price of Maple Leaf Foods Inc. Stock?
As of the end of day on the Jun 14, 2024, the price of an Maple Leaf Foods Inc. (MFI.TO) share was $23.10.

What is the 52-week high and low for Maple Leaf Foods Inc. Stock?
The 52-week high for Maple Leaf Foods Inc. Stock is $31.63 and the 52-week low is $21.52.

What is the market capitalization of Maple Leaf Foods Inc. Stock?
As of the Jun 14, 2024, the market capitalization of Maple Leaf Foods Inc. is 2.84B.

When is the next earnings date for Maple Leaf Foods Inc.?
The upcoming earnings date for Maple Leaf Foods Inc. is Aug 01, 2024.
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About Maple Leaf Foods Inc.

Maple Leaf Foods. Maple Leaf Foods Inc. produces food products in the United States, Canada, Japan, China, and internationally. It produces various food products, including prepared meats, ready-to-cook and ready-to-serve meals, snacks kits, fresh pork and poultry, and plant protein products. The company offers its products under various brands, including Maple Leaf, Schneiders, Greenfield Natural Meat Co., Swift, Prime, Maple Leaf Natural Selections, Mina, Big St... MFI.TO Profile

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