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SENEB Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top on August 30, 2024

A.I.dvisor
at Tickeron.com
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Head-and-Shoulders Top
SENEB - Seneca Foods Corp
Tickeron
Emerged: 08/30/24
Breakout: $59.88
Price: $61.25
Target price: $57.44
A.I.dvisor detected a bearish Head-and-Shoulders Top pattern for SENEB stock. This pattern was detected on August 30, 2024 . The odds of reaching the target price are . The pattern forms with a center peak (the Head, labeled 3) and left and right Shoulders (1, 5). Eventually the security stops testing highs and reverses trend into a decline. Consider selling a security short before it declines or buying a put option to benefit from the price decline. To improve success chances, wait for a confirmation move: allow the price to break below the Neckline level (2, 4), which is calculated as the average of the two lows between the Head and the Shoulders.
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A.I.Advisor
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A.I. Advisor
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General Information

a distributer of canned fruits and vegetables

Industry FoodSpecialtyCandy

Profile
Fundamentals
Details
Industry
Food Specialty Or Candy
Address
350 WillowBrook Office Park
Phone
+1 585 495-4100
Employees
2809
Web
https://www.senecafoods.com