EAF Technical Analysis - GRAFTECH INTERNATIONAL LTD

Technical Rating and Analysis

Overall EAF gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EAF is showing a nice and steady performance.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month EAF has a been trading in the 9.46 - 19.25 range, which is quite wide. It is currently trading near the high of this range.

When comparing the yearly performance of all stocks, we notice that EAF is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this relatively good performance is mostly due to a recent big move.

EAF is an average performer in the Electrical Equipment industry, it outperforms 67% of 93 stocks in the same industry.

EAF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EAF is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

GRAFTECH INTERNATIONAL LTD / EAF Weekly stock chart

GRAFTECH INTERNATIONAL LTD / EAF Daily stock chart

Setup Rating and Analysis

Although EAF has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

14.10

21.51

When analyzing the support we notice one important area.

Support @14.24 from a trend line in the daily time frame.

We found 1 important resistance area.

Resistance @21.30 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for EAF is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for EAF is up.
ChartMill Relative Strength	91.57	POSITIVE	EAF has a high relative strength, it outperformed 91.57% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of EAF is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of EAF is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of EAF is above the rising SMA(200).
Relative Strength Index/RSI (14)	78.5	OVERBOUGHT	The high RSI value suggests EAF may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.57	POSITIVE	The MACD value suggests EAF has a positive trend.
Stochastics (14,3)	93.26	OVERBOUGHT	The high Stochastics value suggests EAF may be overbought.
Average True Range in percent/ATR (20)	6.99	HIGH VOLATILITY	The high ATR as a percentage value for EAF suggests high volalility.
Average Directional Index/ADX (14)	29.61	POSITIVE	The high ADX value value for EAF suggests a strong trend.