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Technical Analysis Predictions for Whole Foods Market, Inc. - WFMI


Part I: The Volumetric Profile for Whole Foods Market, Inc..



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Cumulative Volume by Price of Whole Foods Market, Inc.

The Volumetric Profile is the central concept behind Volume Stratification Analysis. This Profile is simply the cumulative volume over the history of the stock, distributed according to price range. The red bar marks the price range corresponding to the current price of WFMI shares.








Part II: Primary Volumetric Support and Resistance for WFMI common stock.



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Volume Stratification Profile of Whole Foods Market, Inc.

Blue bars depict the Volumetric Profile for various price levels of Whole Foods Market, Inc.. The thick orange line is the Volumetric Price and the maroon line is the Secular Price. General Volumetric Health is 1 on a scale from 1 (best) to 3 (worst), because the price is above the Volumetric line, indicating some positive market sentiment.

A few layers of volumetric turbulence exist that could provide support on the downside. The most significant of these is found around $9.



Support Level IDPrice RangePeak Magnitude
1$38.00 - $38.992.29
2$19.00 - $19.992.33
3$9.00 - $9.995.67


At least two layers of turbulence might act as resistance levels above the current price, particularly the one near the $61 level.


Resistance Level IDPrice RangePeak Magnitude
1$61.00 - $61.990.75
2$71.00 - $71.990.34











Part III: Secondary Analytical Support and Resistance for Whole Foods Market, Inc. Stock Prices


Secondary Support Levels for WFMI

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Volumetric Minimum Strata of Whole Foods Market, Inc.

Horizontal maroon lines indicate Negative Volumetric Peaks. Price intervals with these characteristics are often associated with gaps, although they sometimes operate as support levels. Quarterly and yearly turn-arounds are circled. Two sharply defined valleys exit below the priceline at $31 and $16. The deepest is near the $16 strata.




Secondary Resistance Levels for WFMI

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Maximum Negative Slope Strata of Whole Foods Market, Inc.

Here, the horizontal lines mark the points of Maximum Negative Slope in the Volumetric Profile. These strata are known to act as resistance levels against upward movement, and are sometimes associated with yearly and quarterly tops. Also, as is typical of resistance levels, they may do double duty as support, but that is not the typical case.







For Members: Deeper Analysis, with Price Predictions for WFMI Common Stock




Companies in the News:

Friday, February 18, 2011: We have news on Fiserv, Inc., ticker symbol FISV. Signs of an over-bought condition have become noticable. Also, there are breaking events concerning Zimmer Holdings, Inc. and McCormick & Company, Incorporated.

From the News Archive: (2/18/2011 ) Bad news came from Reynolds American, Inc., Dollar Tree, Inc., Zimmer Holdings, Inc., and NVIDIA Corp.


More WFMI Technical Analysis Topics

WFMI Price Predictions

Support and Resistance Levels

Politics and Prices of WFMI

Japanese Candlestick Analysis

Momentum Investing Indicators

WFMI Classical Analysis of Time Series

WFMI Historical Volume

WFMI Risk-Volatility Analysis

WFMI Seasonal Trends

Market Sentiment

Back to WFMI Table of Contents


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