BRID NEWS why is Bridgford Foods Corporation price falling or rising

BRID NEWS reasons for why stock price of Bridgford Foods Corporation is falling or rising

BRID Bridgford Foods is falling or rising technical reasons

Technical analysis forecast for Bridgford Foods Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bridgford Foods BRID at this time. Stock is falling and might fall more.

It appears as if Bridgford Foods BRID gave a large move recently.

Stock of Bridgford Foods (BRID) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bridgford Foods is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bridgford Foods stays below 10.3, but if it comes above 10.3, then a intra day buy could be more profitable.
If you take a sell trade below 10.3, then use 10.3 as stoploss and 10.2 as target. However if you take a buy trade in Bridgford Foods, then use 10.3 as stoploss and 10.46 as target.

BRID Bridgford Foods is falling or rising NEWS fundamental reasons

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More announcements and NEWS

BRID Bridgford Foods Corporation current price & indicator signals

Moving Averages for Bridgford Foods Corporation

  • 5Day Average: 10.38
  • 12Day Average: 10.4
  • 20Day Average: 10.4
  • 50Day Average: 10.72
  • 100Day Average: 10.81
  • 150Day Average: 10.77
  • 200Day Average: 10.96

BRID Indicators & signals

Indicator MACD (12,26,9)

10.4, 10.49, -0.11
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 38.89, 44.44
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BRID Bridgford Foods Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Thu May 2024 10.27 10.18 to 10.35 -1.63% 2.85 times
22 Wed May 2024 10.44 10.20 to 10.46 0.68% 1.49 times
21 Tue May 2024 10.37 10.35 to 10.46 -0.96% 0.97 times
20 Mon May 2024 10.47 10.28 to 10.47 1.16% 2.14 times
17 Fri May 2024 10.35 10.27 to 10.47 -1.05% 2.09 times
16 Thu May 2024 10.46 10.37 to 10.46 0.48% 0.44 times
15 Wed May 2024 10.41 10.41 to 10.46 0.68% 0.21 times
14 Tue May 2024 10.34 10.34 to 10.34 -0.39% 0.13 times
13 Mon May 2024 10.38 10.38 to 10.42 -0.76% 0.97 times
10 Fri May 2024 10.46 10.38 to 10.46 0.77% 0.39 times
09 Thu May 2024 10.38 10.38 to 10.47 -0.29% 1.17 times
08 Wed May 2024 10.41 10.40 to 10.47 0.29% 0.65 times

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BRID NEWS why is Bridgford Foods Corporation price falling or rising

 

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