Buy Sprouts Farmers Market | NASDAQ – SFM | Short Term Trading Advice | Consumer Staples Sector | 25th Jun 2024 | Expected Gain 5% – 6%

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

25 Jun 2024
1 Jul 2024
16 Jul 2024
5 days
Loss per
100,000 USD
Stop-loss
75.8
Buy Advice
25 Jun 2024
78.5 – 80
Target 1
1 Jul 2024
84
Target 2
16 Jul 2024
85
Profit per
100,000 USD
5 days
6,250
75.8
78.5 – 80
84
85
6,250
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Sprouts Farmers Market
  • 78.5 – 80
  • 84 – 85
  • Below 75.8
  • 7% - 9%
  • 12 - 14 Days
  • Buy Sprouts Farmers Market
  • Buy
    Range
    78.5 – 80
  • Target 84 – 85
  • Stoploss Below 75.8
  • Upside
    Potential
    7% - 9%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Sprouts Farmers Market (NASDAQ: SFM) - Stock Overview

  • NASDAQ Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • SFM
  • Sprouts Farmers Market
  • Consumer Staples
  • 82.96
  • 33.13
  • NASDAQ Code SFM
  • Stock Name Sprouts Farmers Market
  • Sector Consumer Staples
  • 52 Weeks High 82.96
  • 52 Weeks Low 33.13
  • Company profile

    Sprouts Farmers Market, Inc. is a company that focuses on providing fresh, natural, and organic food products to customers across the United States. Under the Sprouts brand, they offer a wide range of perishable products like fresh produce, meat and meat alternatives, seafood, deli items, bakery goods, floral arrangements, as well as dairy and dairy alternatives. Additionally, they also provide non-perishable products including grocery items, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care products. Established in 1943, Sprouts Farmers Market, Inc. is headquartered in Phoenix, Arizona.

  • Sprouts Farmers Market (NASDAQ: SFM) vs NASDAQ - Relative Strength Comparison

    The image compares Sprouts Farmers Market's 1-year performance to NASDAQ.
    Relative Performance - Last 1 Year
    SFM —   NASDAQ —

  • Sprouts Farmers Market (NASDAQ: SFM) - Technical Analysis (Daily)

    Sprouts Farmers Market - Technical Analysis chart on Daily Price and Volume
    Sprouts Farmers Market - Technical Analysis chart on Daily Price and Volume

    • The price is on a solid upward trend, consistently creating higher highs and lows.
    • Previously, a Cup & Handle pattern emerged on the chart, indicating a continuation of the trend.
    • Following the breakout, the price consolidated above the breakout level before experiencing a significant upward surge.
    • Now, with a recent breakout, the price is hovering near its all-time high and is anticipated to climb even further.
  • Sprouts Farmers Market (NASDAQ: SFM) - RSI Indicator

    Sprouts Farmers Market stock analysis based on RSI Indicator
    Sprouts Farmers Market - RSI Indicator

    • Current RSI of this stock is 66.58, which indicates the strength of buyers.

  • Sprouts Farmers Market (NASDAQ: SFM) - ADX & DI Indicator

    Sprouts Farmers Market stock analysis based on ADX & DI Indicator
    Sprouts Farmers Market - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Sprouts Farmers Market (NASDAQ: SFM) - EMA Crossover

    Sprouts Farmers Market stock analysis based on EMA Crossover
    Sprouts Farmers Market - EMA Crossover

    • The short length exponential moving average (10 EMA) has just crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Sprouts Farmers Market (NASDAQ: SFM) Stock Price Forcast

    Based on our short term US stocks trading, Sprouts Farmers Market stock price target will be USD 84 - USD 85 in the next 12-14 trading sessions.

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