Wednesday, May 11, 2011

Even Paula Deen can't save Smithfield Foods -- sell

This morning on Barchart I detected sell signals on Smithfield Foods (SFD).  Even Paula Deen endorsements can keep the spiral ham company from spiraling downward.


Technical sell signals
  • 72% Barchart technical sell signal
  • Trend Spotter sell signal
  • Below 20, 50 and 100 day moving averages
  • 18.57% off its recent high
  • Relative Strength Index 20.13% and tanking

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