GATX CORP (GATX) Stock Technical Analysis
NYSE:GATX - US3614481030 - Common Stock
168.31 USD
-1.77 (-1.04%)
168.31 USD
0 (0%)
Overall GATX 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, GATX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GATX did better than 71% of all other stocks.
GATX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GATX has a been trading in the 148.20 - 171.62 range, which is quite wide. It is currently trading near the high of this range.
GATX is an average performer in the Trading Companies & Distributors industry, it outperforms 48% of 50 stocks in the same industry.
Although GATX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
142.84
171.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 156.71 to 158.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 149.22 to 151.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @144.28 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 168.32 to 170.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 GATX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GATX is up. |
| ChartMill Relative Strength | 71.52 | POSITIVE | GATX has a high relative strength, it outperformed 71.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GATX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GATX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GATX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.48 | NEUTRAL | The RSI value for GATX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests GATX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.5 | OVERBOUGHT | The high Stochastics value suggests GATX may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for GATX suggests low volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for GATX suggests a strong trend. |
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)
168.31
-1.77 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.04%
1 Week1.12%
2 Weeks7.62%
1 Month12.79%
3 Month5.7%
6 Month0.75%
12 Month19.28%
2 Year42.47%
3 Year74.22%
5 Year151.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.4
ATR(20)%1.82%
ATR Inc51.11%
Range Today3.68
ADR(20)2.79
ADR(20)%1.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.52
Mansfield0.1
10 Day High171.62
10 Day Low157.59
20 Day High171.62
20 Day Low148.2
52 Week High171.62
52 Week Low127.7
CS1 End158.95
CR1 Start168.32
Volume & EV
DER(3)0.89%
DER(5)1.38%
Volume218.60K
Volume Incr10.31%
Vol(5)191.48K
Vol(50)171.09K