GRACO INC (GGG)

US3841091040 - Common Stock

83.02  -0.39 (-0.47%)

After market: 83.02 0 (0%)

Technical Rating and Analysis

0

Overall GGG gets a technical rating of 0 out of 10. GGG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GGG is a bad performer in the overall market: 65% of all stocks are doing better.
GGG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
GGG is part of the Machinery industry. There are 132 other stocks in this industry, GGG did better than 45% of them.
GGG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGG is lagging the market.
Weekly and Daily overview Charts
GGG Weekly chart
GGG Daily chart
Setup Rating and Analysis

8

GGG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 83.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 82.12, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

72.15

95.59

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 79.80 to 82.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @75.68 from a trend line in the weekly time frame.
  • Support @72.88 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 83.25 to 83.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 93.87 to 94.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.02
Mansfield-1.17
10 Day High84.27
10 Day Low82.46
20 Day High90.27
20 Day Low79.88
52 Week High94.77
52 Week Low69.78
Performance
1 Week-0.65%
2 Weeks1.1%
1 Month-6.06%
3 Month-5.82%
6 Month3.02%
12 Month6.37%
2 Year31.15%
3 Year9.64%
5 Year75.82%
10 Year13.76%
15 Year272.45%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.34
RSI(14)38.07
LBB80.26
UBB84.89
GGG Daily chart

GRACO INC

NYSE:GGG (5/17/2024, 7:04:00 PM)

After market: 83.02 0 (0%)

83.02

-0.39 (-0.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.47%
1 Week-0.65%
2 Weeks1.1%
1 Month-6.06%
3 Month-5.82%
6 Month3.02%
12 Month6.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.14
ATR(20)%1.78%
ATR Inc
Range Today1.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High84.27
10 Day Low82.46
20 Day High90.27
20 Day Low79.88
52 Week High94.77
52 Week Low69.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume662.80K
Volume Incr-25.32%
Vol(5)579.44K
Vol(50)699.12K