Seneca Foods Corp Stock Technical Analysis

SENEA Stock  USD 72.10  1.10  1.55%   
As of the 30th of November, Seneca Foods has the Semi Deviation of 1.42, risk adjusted performance of 0.1358, and Coefficient Of Variation of 586.72. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Seneca Foods Corp, as well as the relationship between them.

Seneca Foods Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Seneca, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Seneca
  
Seneca Foods' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Seneca Foods Analyst Consensus

Target PriceAdvice# of Analysts
21.0Strong Sell0Odds
Seneca Foods Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Seneca analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Seneca stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Seneca Foods Corp, talking to its executives and customers, or listening to Seneca conference calls.
Seneca Analyst Advice Details
Seneca Foods technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Seneca Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Seneca Foods trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Seneca Foods Corp Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Seneca Foods Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Seneca Foods Corp Trend Analysis

Use this graph to draw trend lines for Seneca Foods Corp. You can use it to identify possible trend reversals for Seneca Foods as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Seneca Foods price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Seneca Foods Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Seneca Foods Corp applied against its price change over selected period. The best fit line has a slop of   0.16  , which means Seneca Foods Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 990.55, which is the sum of squared deviations for the predicted Seneca Foods price change compared to its average price change.

About Seneca Foods Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Seneca Foods Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Seneca Foods Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Seneca Foods Corp price pattern first instead of the macroeconomic environment surrounding Seneca Foods Corp. By analyzing Seneca Foods's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Seneca Foods's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Seneca Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2024 (projected)
Dividend Yield5.1E-55.3E-5
Price To Sales Ratio0.320.39

Seneca Foods November 30, 2024 Technical Indicators

Most technical analysis of Seneca help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Seneca from various momentum indicators to cycle indicators. When you analyze Seneca charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Seneca Foods November 30, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Seneca stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Seneca Stock analysis

When running Seneca Foods' price analysis, check to measure Seneca Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seneca Foods is operating at the current time. Most of Seneca Foods' value examination focuses on studying past and present price action to predict the probability of Seneca Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seneca Foods' price. Additionally, you may evaluate how the addition of Seneca Foods to your portfolios can decrease your overall portfolio volatility.
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