GREIF INC-CL B (GEF.B) Technical Analysis
NYSE:GEF.B • US3976242061
Current stock price
GEF.B Technical Rating and Analysis
Taking everything into account, GEF.B scores 4 out of 10 in our technical rating. In the last year, GEF.B was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month GEF.B has a been trading in the 82.77 - 93.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: GEF.B has an average volume of 25306 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, GEF.B did better than 78% of all other stocks.
- GEF.B is part of the Containers & Packaging industry. There are 21 other stocks in this industry. GEF.B outperforms 90% of them.
- GEF.B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GEF.B is lagging the market slightly.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
GEF.B Weekly and Daily overview Charts
GEF.B Setup Rating and Analysis
GEF.B has an average technical rating and it also 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.
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GEF.B Support and Resistance Analysis
60.93
3 important support areas can be observed.
- Support @81.30 from a trend line in the daily time frame.
- A support zone ranging from 79.12 to 79.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.55 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 84.16 to 84.49. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 86.37 to 88.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @90.27 from a horizontal line in the weekly time frame.
- Resistance @92.57 from a horizontal line in the daily time frame.
GEF.B 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 GEF.B is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEF.B is down. |
| ChartMill Relative Strength | 78 | POSITIVE | GEF.B has a high relative strength, it outperformed 78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEF.B is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEF.B is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEF.B is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.24 | NEUTRAL | The RSI value for GEF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests GEF.B has a negative trend. |
| Stochastics (14,3) | 12.44 | OVERSOLD | The low Stochastics value suggests GEF.B may be oversold. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for GEF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 16.33 | NEGATIVE | The low ADX value for GEF.B suggests a weak or negative trend. |
GEF.B Chart- and CandleStick Pattern Analysis
GEF.B Technicals: Chart, Performance Metrics, Trend & Indicators
83.34
-3.28 (-3.79%)
GREIF INC-CL B / GEF.B TA FAQ
What is the technical rating for GEF.B stock?
ChartMill assigns a technical rating of 4 / 10 to GEF.B.
What is the trend direction for GEF.B stock?
The current trend direction for GREIF INC-CL B (GEF.B) is Bullish.
Can you provide the RSI signal for GREIF INC-CL B?
GREIF INC-CL B (GEF.B) has an RSI value of 39.2439. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GREIF INC-CL B?
The short term momentum for GREIF INC-CL B (GEF.B) is negative.
Can you provide the support and resistance levels for GREIF INC-CL B?
GREIF INC-CL B (GEF.B) has a support level at 81.3 and a resistance level at 84.16. Check the full technical report for our detailed analysis of GEF.B support and resistance levels.