Nomad Foods Limited (NOMD)

Nomad Foods Limited is trading at $11.51, up 1.14% on the session. The 50 day average sits at $11.23 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 51.2, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $11.04 with resistance near $12.21, so that band frames the current range. Average daily movement is roughly $0.43, or about 3.7% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 72, momentum of 42 and a risk score of 64.

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products, comprising nuggets, grills, and burgers. It also provides meal products that contain ready-to-cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice creams, such as in-home and out-of-home ice creams; and other products comprising soups, pizzas, bakery goods, and meat substitutes. The company sells its products to supermarkets and food retail chains primarily under the Birds Eye, Green Cuisine, iglo, Findus, Aunt Bessie's, Goodfella's, Frikom, Ledo, La Cocinera, and Belviva brand names. Nomad Foods Limited was founded in 2014 and is headquartered in Woking, the United Kingdom.