Bullish option flow was detected in CALM stock on March 14, 2022.
Bullish Option Flow
Make sure to review this lesson on option flow so that you understand the image above.
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📉 CALM Stock Technical Analysis
The long and short-term trends are both positive. CALM is part of the Food Products industry. There are 103 other stocks in this industry. CALM outperforms 91% of them. CALM is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
There is a support zone ranging from 43.34 to 44.36. There is also a support zone ranging from 41.58 to 42.57. These zones are formed by a combination of multiple trend lines and important moving averages in multiple time frames. There is another support at 37.18 from a trend line in the daily time frame.
Although CALM has an excellent technical rating, it does not present a decent entry opportunity at the moment. CALM stock has a Setup Rating of 3 out of 10. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first. Click here to sign up for email alerts on when CALM stock consolidates and has a Setup Rating of 8 or higher.