Shares of Dean Foods (NYSE:DF) opened today above their pivot of $15.39 and have already reached the first level of resistance at $15.63. Should the shares continue to rise, the resistance pivots of $15.83 and $16.27 will be of interest.
Dean Foods (NYSE:DF) has potential upside of 31.2% based on a current price of $15.49 and analysts' consensus price target of $20.32. The stock should run into initial resistance at its 200-day moving average (MA) of $16.18 and subsequent resistance at its 50-day MA of $17.34.
In the past 52 weeks, shares of Dean Foods have traded between a low of $11.45 and a high of $19.17 and are now at $15.49, which is 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.5% while the 200-day MA has risen 0.3%.
Dean Foods Company is a food and beverage company that produces a full line of Company-branded and private label dairy and dairy-related products. The Company provides products such as milk and milk-based beverages, ice cream, half and half, whipping cream, sour cream, cottage cheese, yogurt, dips, and soy milk. Dean Foods also supplies pickles, juice, juice drinks, and water.