RSI low/high Values: [ 25 - 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 FLO
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Flowers Foods Inc stock upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 18, 2024 Gain 4.26% PDF

The Flowers Foods Inc stock price gained 0.126% on the last trading day (Thursday, 28th Mar 2024), rising from $23.72 to $23.75. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 0.99% from a day low at $23.66 to a day high of $23.90. The price has risen in 9 of the last 10 days and is up by 5.37% over the past 2 weeks. Volume fell on the last day by -553 thousand shares and in total, 1 million shares were bought and sold for approximately $23.96 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockis at the upper part of a horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $23.81 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Flowers Foods Inc stock with a 90% probability to be traded between $22.70 and $24.19 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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FLO Signals & Forecast

Mostly positive signals in the chart today. The Flowers Foods Inc 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 $23.32 and $22.80. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 7.18%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Flowers Foods Inc stock

Flowers Foods Inc finds support from accumulated volume at $22.80 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 $0.235 between high and low, or 0.99%. For the last week the stock has had daily average volatility of 1.05%.

Our recommended stop-loss: $22.90 (-3.56%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (FLO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Flowers Foods Inc to open at $23.77, and during the day (based on 14 day Average True Range), to move between $23.40 and $24.10, which gives a possible trading interval of +/-$0.347 (+/-1.46%) up or down from last closing price. If Flowers Foods Inc takes out the full calculated possible swing range there will be an estimated 2.93% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $22.80, some $0.95 (4.00%) from the current price of $23.75, our system finds the risk reward attractive.

Is Flowers Foods Inc stock A Buy?

Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Flowers Foods Inc stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.643 Buy Candidate Upgraded

Predicted Opening Price for Flowers Foods Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$23.77 ( 0.0772%) $23.75

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

Trading levels for FLO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 24.00 1.07 %
R2 23.91 0.689 %
R1 23.86 0.455 %
Current price: 23.75
Support S1 23.68 -0.301 %
S2 23.62 -0.534 %
S3 23.53 -0.91 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 23.75
Support S1 22.80 -4.00%
S2 22.61 -4.80%
S3 22.19 -6.57%

FLO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Feb 29, 2024 Mar 15, 2024 $0.230 1.01%
2 Nov 16, 2023 Nov 30, 2023 Dec 15, 2023 $0.230 1.05%
3 Aug 18, 2023 Aug 31, 2023 Sep 15, 2023 $0.230 1.00%
4 May 25, 2023 Jun 07, 2023 Jun 22, 2023 $0.230 0.94%
5 Feb 17, 2023 Mar 02, 2023 Mar 17, 2023 $0.220 0.82%

FAQ

What is the symbol for Flowers Foods Inc Stock and on which exchange is it traded?
The symbol for Flowers Foods Inc is FLO and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Flowers Foods Inc Stock?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Flowers Foods Inc stock to perform well in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Flowers Foods Inc Stock?
Flowers 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 Flowers Foods Inc Stock.

What's the current price of Flowers Foods Inc Stock?
As of the end of day on the 2024-03-28, the price of an Flowers Foods Inc (FLO) share was $23.75.

What is the 52-week high and low for Flowers Foods Inc Stock?
The 52-week high for Flowers Foods Inc Stock is $29.07 and the 52-week low is $19.64.

What is the market capitalization of Flowers Foods Inc Stock?
As of the 2024-03-28, the market capitalization of Flowers Foods Inc is 5.001B.

When is the next earnings date for Flowers Foods Inc?
The upcoming earnings date for Flowers Foods Inc is May 16, 2024.
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About Flowers Foods Inc

Flowers Foods Flowers Foods, Inc. produces and markets packaged bakery products in the United States. It offers fresh breads, buns, rolls, snack cakes, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs. Freshley's, and Tastykake brand names. The company distributes its products through a direct-store-delivery distribution and a warehouse delivery system, as well as operates 46 bakeries ... FLO Profile

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