Wednesday May 22, 2019 Change -0.81% Price $23.39
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Buy
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Will SENEA stock price go up or down on Thu, 23 May 2019?

Predict

Seneca Foods Corp. Forecast and Stock Analysis

Technical SENEA stock analysis for Wednesday May 22, 2019.

Sell candidate since 2019-05-14 Loss -6.44%
Shorts n/a
Insider % n/a
Institutional % 80.50%
Beta 0.95
ROA -0.50%
Price to book USD 0.54
P/E Ratio -47.00
Next Earnings Date n/a


Seneca Foods Corp. fell by -0.81% in the last day ( Wednesday, 22nd May 2019 ) from $23.58 to $23.39 and has now fallen 11 days in a row. During day the stock fluctuated 2.68% from a day low at $23.16 to a day high of $23.78. The price has fallen in 10 of the last 10 days and is down by -7.88% for this period. Volume has increased in the last day by 2 872 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 14 760 shares bought and sold for approximately $345 236.00.

Quick summary:

  • 30 day high of the SENEA stock price was $25.51 and low was $23.16.
  • 90 day high was $30.77 and low was $23.16.
  • 52 week high for the Seneca Foods Corp. - $35.90 and low - $23.16.

Trend

Seneca Foods Corp. 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 -13.90% during the next 3 months and, with 90% probability hold a price between $17.75 and $22.91 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Seneca Foods Corp. holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $24.10 and $24.37. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday May 08, 2019, which indicates further falls until a new bottom pivot has been found. Seneca Foods Corp. 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-off's".

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Relative Strength Index (RSI)

RSI14 is 37 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

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.

Price: $23.39 Resistance: $24.07

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.62 (2.68%) between high and low. For the last week, the stock has had a daily average volatility of 2.36%.

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

2.36 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today SENEA ranks #3444 as SELL CANDIDATE #3444 Weaker Sell
SENEA $23.39 ($-0.19 -0.81%)
SENEA is down $0.19 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for SENEA based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

Click here – the SENEA analysis is free »

Will SENEA stock price go up or down
on Thu, 23 May 2019?

Predict

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