Should You Buy Fresh Del Monte Produce Inc (FDP) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a beginner, long-term investor with $50k–$100k. The chart is extended near resistance and momentum is cooling, while fundamentals just deteriorated sharply (losses and margin compression) and insiders are selling aggressively. I would not start a new position at this price; if you already own it, holding is more reasonable than adding.
Technical Analysis
Price: ~38.93 (market closed), sitting just below near-term resistance (R1 ~39.26) after a run-up. Trend structure is bullish (SMA_5 > SMA_20 > SMA_200), but momentum is no longer accelerating: MACD histogram is positive (0.289) yet contracting, suggesting the uptrend is losing steam. RSI(6) ~69.8 is near the upper end of neutral/approaching overbought, which often precedes consolidation/pullbacks. Key levels: support ~38.01 (pivot) then ~36.76; resistance ~39.26 then ~40.03. With price close to resistance and momentum cooling, the risk/reward for an impatient entry is unfavorable today.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock today.