Farmer Brothers Company (FARM) goes negative by breaking below intraday moving average 2012/11/09 16:16

The intraday price for Farmer Brothers Company has moved below its 200 period 30 minute moving average of 9.99. FARM is around 9.91 bucks now. Farmer Brothers Company has a positive trend.

The price is above the trend line, which is about $9.32.

Other stocks to watch – these have a positive correlation with Farmer Brothers Company:

H.J. Heinz Company (HNZ) with a correlation of 95.02%

Interpublic Group Of Companies (IPG) with a correlation of 94.71%

Omnicom Group Inc. (OMC) with a correlation of 94.47%

Pplus Trust (PYS) with a correlation of 96%

Research Frontiers Inc. (REFR) with a correlation of 94.54%

For the math geeks and quants – the most recent Slope: 0.68 Intercept: 9.32 close: 9.91