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 SMPL
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Green day on Wednesday for The Simply Good Foods Company
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Gain 0.86% PDF

The The Simply Good Foods Company stock price gained 0.86% on the last trading day (Wednesday, 27th Mar 2024), rising from $33.60 to $33.89. During the last trading day the stock fluctuated 1.12% from a day low at $33.75 to a day high of $34.13. The price has fallen in 6 of the last 10 days and is down by -0.47% for this period. Volume fell on the last day by -80 thousand shares and in total, 391 thousand shares were bought and sold for approximately $13.26 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 stock lies in the middle of a 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 -21.38% during the next 3 months and, with a 90% probability hold a price between $24.27 and $27.37 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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SMPL Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 07, 2024, and so far it has risen 2.57%. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. The The Simply Good Foods Company 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 $34.63. On a fall, the stock will find some support from the short-term average at $33.82. 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 The Simply Good Foods Company stock

The Simply Good Foods Company finds support from accumulated volume at $33.49 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.379 (1.12%) between high and low. For the last week, the stock has had daily average volatility of 1.84%.

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

Trading Expectations (SMPL) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect The Simply Good Foods Company to open at $33.92, and during the day (based on 14 day Average True Range), to move between $33.00 and $34.78, which gives a possible trading interval of +/-$0.89 (+/-2.63%) up or down from last closing price. If The Simply Good Foods Company takes out the full calculated possible swing range there will be an estimated 5.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $33.49 (1.18%) than the resistance at $35.88 (5.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is The Simply Good Foods Company stock A Buy?

The Simply Good Foods Company 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: -1.539 Sell Candidate Unchanged

Predicted Opening Price for The Simply Good Foods Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$33.92 ( 0.0974%) $33.89

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

Trading levels for SMPL

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 34.30 1.22 %
R2 34.16 0.788 %
R1 34.07 0.525 %
Current price: 33.89
Support S1 33.78 -0.330 %
S2 33.69 -0.594 %
S3 33.54 -1.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 41.09 21.25 %
R2 39.43 16.35 %
R1 35.88 5.87 %
Current price 33.89
Support S1 33.49 -1.18%
S2 33.20 -2.04%
S3 33.04 -2.51%

SMPL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 2015 Feb 10, 2015 Feb 20, 2015 $0.0900 0%
2 Oct 30, 2014 Nov 06, 2014 Nov 26, 2014 $0.0900 0%
3 Jul 31, 2014 Aug 13, 2014 Aug 28, 2014 $0.0900 0%
4 May 01, 2014 May 13, 2014 May 30, 2014 $0.0900 0%
5 Jan 30, 2014 Feb 12, 2014 Feb 28, 2014 $0.0800 0%

FAQ

What is the symbol for The Simply Good Foods Company Stock and on which exchange is it traded?
The symbol for The Simply Good Foods Company is SMPL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell The Simply Good Foods Company Stock?
The Simply Good Foods Company 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 The Simply Good Foods Company Stock?
The Simply Good Foods 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 The Simply Good Foods Company Stock.

What's the current price of The Simply Good Foods Company Stock?
As of the end of day on the 2024-03-27, the price of an The Simply Good Foods Company (SMPL) share was $33.89.

What is the 52-week high and low for The Simply Good Foods Company Stock?
The 52-week high for The Simply Good Foods Company Stock is $43.00 and the 52-week low is $31.06.

What is the market capitalization of The Simply Good Foods Company Stock?
As of the 2024-03-27, the market capitalization of The Simply Good Foods Company is 3.347B.

When is the next earnings date for The Simply Good Foods Company?
The upcoming earnings date for The Simply Good Foods Company is Apr 04, 2024.
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About The Simply Good Foods Company

The Simply Good Foods Company The Simply Good Foods Company operates as a consumer packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, pizza, protein chips, recipes, and confectionery products, as well as licensed frozen meals under the Atkins, Atkins Endulge, and Quest brand names. The company distributes ... SMPL Profile

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