GCP Applied Technologies Inc (GCP) Stock Technical Analysis
NYSE:GCP - New York Stock Exchange, Inc. - US36164Y1010 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to GCP. Both in the recent history as in the last year, GCP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
GCP is one of the better performing stocks in the Chemicals industry, it outperforms 94% of 85 stocks in the same industry.
GCP 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.
When comparing the yearly performance of all stocks, we notice that GCP is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month GCP has a been trading in a tight range between 31.38 and 32.01.
Volume is considerably higher in the last couple of days.
Although GCP has an excellent technical rating, it does not offer a high quality setup 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
30.36
32.42
We found 2 important support areas.
- A support zone ranging from 31.32 to 31.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.67 to 30.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.02 to 32.10. 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 GCP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GCP is up. |
| ChartMill Relative Strength | 95.7 | POSITIVE | GCP has a high relative strength, it outperformed 95.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GCP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GCP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.44 | OVERBOUGHT | The high RSI value suggests GCP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GCP has a positive trend. |
| Stochastics (14,3) | 99.15 | OVERBOUGHT | The high Stochastics value suggests GCP may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for GCP suggests low volalility. |
| Average Directional Index/ADX (14) | 22.71 | NEUTRAL | The ADX value for GCP suggests a possible start of a new 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)
32.01
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.06%
1 Week1.62%
2 Weeks1.62%
1 Month1.27%
3 Month2.43%
6 Month1.49%
12 Month42.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.4%
ATR Inc-81.68%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.7
Mansfield2.38
10 Day High32.01
10 Day Low31.45
20 Day High32.01
20 Day Low31.38
52 Week High32.28
52 Week Low20.76
CS1 End31.96
CR1 Start32.02
Volume & EV
DER(3)0.26%
DER(5)-0.29%
Volume1.62M
Volume Incr295.44%
Vol(5)1.86M
Vol(50)616.28K