Technical Analysis for AFRI - Forafric Global PLC

Grade Last Price % Change Price Change
C 10.48 -0.19% -0.02
AFRI closed down 0.19 percent on Tuesday, May 7, 2024, on 69 percent of normal volume. It was able to find support at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Pocket Pivot Bullish Swing Setup -0.19%
Volume Surge Other -0.19%
Gapped Up Strength -0.19%
Upper Bollinger Band Touch Strength -0.19%
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%

   Recent Intraday Alerts

Alert Time
Fell Below 50 DMA about 19 hours ago
Fell Below 20 DMA about 19 hours ago
Fell Below 10 DMA about 19 hours ago
20 DMA Support about 20 hours ago
10 DMA Support about 20 hours ago

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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 9.5
Average Volume 8,617
200-Day Moving Average 10.80
50-Day Moving Average 10.39
20-Day Moving Average 10.39
10-Day Moving Average 10.40
Average True Range 0.20
RSI (14) 53.49
ADX 11.02
+DI 18.99
-DI 18.55
Chandelier Exit (Long, 3 ATRs) 9.99
Chandelier Exit (Short, 3 ATRs) 10.85
Upper Bollinger Bands 10.57
Lower Bollinger Band 10.21
Percent B (%b) 0.75
BandWidth 3.44
MACD Line 0.02
MACD Signal Line 0.01
MACD Histogram 0.0139
Fundamentals Value
Market Cap 281.69 Million
Num Shares 26.9 Million
EPS -0.65
Price-to-Earnings (P/E) Ratio -16.12
Price-to-Sales 1.01
Price-to-Book 10.46
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.78
Resistance 3 (R3) 10.75 10.63 10.73
Resistance 2 (R2) 10.63 10.55 10.64 10.71
Resistance 1 (R1) 10.55 10.50 10.59 10.58 10.70
Pivot Point 10.43 10.43 10.45 10.44 10.43
Support 1 (S1) 10.35 10.35 10.39 10.38 10.26
Support 2 (S2) 10.23 10.30 10.24 10.25
Support 3 (S3) 10.15 10.23 10.23
Support 4 (S4) 10.18