Sanderson Farms $SAFM Trading Report

The Sanderson Farms (NASDAQ: SAFM) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for SAFM, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Weak Weak Strong
P1 0 0 138.39
P2 138.90 139.94 151.45
P3 145.87 148.22 164.53

Long Term Trading Plans for SAFM

October 12, 2019, 9:45 am ET

The Technical Summary and Trading Plans for SAFM help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SAFM Report.

SAFM - (Long) Support Plan

The technical summary data tells us to buy SAFM near 138.39 with an upside target of 151.45. This data also tells us to set a stop loss @ 138.13 to protect against excessive loss in case the stock begins to move against the trade. 138.39 is the first level of support below 149.83 , and by rule, any test of support is a buy signal. In this case, support 138.39 would be being tested, so a buy signal would exist.

SAFM - (Short) Resistance Plan

The technical summary data is suggesting a short of SAFM as it gets near 151.45 with a downside target of 138.39. We should have a stop loss in place at 151.71 though. 151.45 is the first level of resistance above 149.83, and by rule, any test of resistance is a short signal. In this case, if resistance 151.45 is being tested, so a short signal would exist.

SAFM Long Term Analysis

SAFM EPS Analysis

SAFM Dividend Chart

SAFM Revenue chart

SAFM Growth rate - Quarterly

SAFM Growth rate - Yearly

SAFM PE chart

SAFM PEG chart