Technical Analysis for AFRI - Forafric Global PLC

Grade Last Price % Change Price Change
C 11.11 -0.27% -0.03
AFRI closed down 0.27 percent on Friday, May 31, 2024, on 31 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 200 DMA Bullish -0.27%
Gapped Up Strength -0.27%
Upper Bollinger Band Touch Strength -0.27%
Fell Below 200 DMA Bearish 3.25%
Slingshot Bullish Bullish Swing Setup 3.25%
Bearish Engulfing Bearish 0.36%
Gapped Up Strength 0.36%

   Recent Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Forafric is a leading agribusiness player in Africa with activities in Morocco and Sub Saharan Africa. It is the milling industry leader with a complete range of flour and semolina, and secondary processing products such as pasta and couscous. The Group operates 12 industrial units, and 2 logistics platforms. Forafric exports its products to more than 45 countries around the world. Forafric intends to continue expanding both in Morocco and in Africa, and contributing to growing Africa food security.
Classification

Sector: Consumer Defensive
Industry: Farm Products
Keywords: Wheat Pasta Cuisine Food Security Staple Foods Mediterranean Cuisine

Is AFRI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.89
52 Week Low 9.63
Average Volume 8,797
200-Day Moving Average 10.78
50-Day Moving Average 10.51
20-Day Moving Average 10.75
10-Day Moving Average 10.95
Average True Range 0.32
RSI (14) 59.18
ADX 38.88
+DI 26.77
-DI 9.31
Chandelier Exit (Long, 3 ATRs) 10.55
Chandelier Exit (Short, 3 ATRs) 11.22
Upper Bollinger Bands 11.28
Lower Bollinger Band 10.22
Percent B (%b) 0.84
BandWidth 9.87
MACD Line 0.16
MACD Signal Line 0.13
MACD Histogram 0.0278
Fundamentals Value
Market Cap 298.63 Million
Num Shares 26.9 Million
EPS -0.65
Price-to-Earnings (P/E) Ratio -17.09
Price-to-Sales 1.01
Price-to-Book 10.46
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.29
Resistance 3 (R3) 11.27 11.20 11.26
Resistance 2 (R2) 11.20 11.16 11.21 11.25
Resistance 1 (R1) 11.16 11.13 11.12 11.17 11.24
Pivot Point 11.08 11.08 11.06 11.09 11.08
Support 1 (S1) 11.04 11.04 11.00 11.05 10.98
Support 2 (S2) 10.96 11.01 10.97 10.97
Support 3 (S3) 10.92 10.96 10.96
Support 4 (S4) 10.93