FRESH DEL MONTE PRODUCE INC (FDP)

KYG367381053 - Common Stock

33.73  +0.38 (+1.14%)

After market: 33.73 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, FDP scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FDP is one of the better performing stocks in the Food Products industry, it outperforms 82% of 91 stocks in the same industry.
FDP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FDP is lagging the market slightly.
In the last month FDP has a been trading in the 32.81 - 35.25 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, FDP did better than 84% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FDP Weekly chart
FDP Daily chart
Setup Rating and Analysis

8

FDP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 33.60, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

27.79

35.28

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 32.24 to 33.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @30.31 from a trend line in the daily time frame.
  • Support @28.73 from a horizontal line in the weekly time frame.
  • Support @28.07 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 33.80 to 34.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.19
Mansfield1.32
10 Day High34.5
10 Day Low32.81
20 Day High35.25
20 Day Low32.81
52 Week High35.27
52 Week Low21.23
Performance
1 Week1.23%
2 Weeks-0.65%
1 Month-0.74%
3 Month15.24%
6 Month54.37%
12 Month28.5%
2 Year28.79%
3 Year22.21%
5 Year-3.57%
10 Year0.54%
15 Year52.62%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)54.26
LBB33
UBB34.23
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
34.9432.802.14 (6.12%)16.33%
An entry @34.94. This is a Buy Stop order right above the resistance zone.An exit @32.80. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.14 points, which is 6.12%.For a 1.00% total portfolio risk, you can invest 16.33% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FDP Daily chart

FRESH DEL MONTE PRODUCE INC

NYSE:FDP (12/26/2024, 8:12:06 PM)

After market: 33.73 0 (0%)

33.73

+0.38 (+1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.14%
1 Week1.23%
2 Weeks-0.65%
1 Month-0.74%
3 Month15.24%
6 Month54.37%
12 Month28.5%
2 Year28.79%
3 Year22.21%
5 Year-3.57%
10 Year0.54%
15 Year52.62%
Volatility
ATR(14)0.65
ATR(20)%2.02%
ATR Inc5.55%
Range Today0.87
ADR(20)0.68
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.19
Mansfield1.32
10 Day High34.5
10 Day Low32.81
20 Day High35.25
20 Day Low32.81
52 Week High35.27
52 Week Low21.23
CS1 End33.6
CR1 Start33.8
Volume & EV
DER(3)1.31%
DER(5)1.31%
Volume349.10K
Volume Incr188.73%
Vol(5)750.67K
Vol(50)309.74K