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JimVanMeerten (62.25)

Even Paula Deen can't save Smithfield Foods from spiraling down

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May 11, 2011 – Comments (0) | RELATED TICKERS: SFD.DL2

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

1 - 72% Barchart technical sell signal

2 - Trend Spotter sell signal

3 - Below 20, 50 and 100 day moving averages

4 - 18.57% off its recent high

5 - Relative Strength Index 20.13% and tanking

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