GREIF INC-CL B (GEF.B) Stock Technical Analysis
USA - NYSE:GEF.B - US3976242061 - Common Stock
We assign a technical rating of 0 out of 10 to GEF.B. GEF.B'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.
The technical rating of GEF.B is bad and it also does not present a 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
57.58
When analyzing the support we notice one important area.
- Support @58.16 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 59.87 to 60.76. 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 62.06 to 62.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.02 from a trend line in the weekly time frame.
- Resistance @69.12 from a trend line in the daily time frame.
- Resistance @71.99 from a trend line in the weekly time frame.
- Resistance @73.39 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for GEF.B is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEF.B is down. |
| ChartMill Relative Strength | 17.34 | NEGATIVE | GEF.B has a low relative strength, it was outperformed by 82.66% 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) | DOWN | NEGATIVE | The current price of GEF.B is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.96 | NEUTRAL | The RSI value for GEF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GEF.B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.22 | NEUTRAL | The Stochastics value for GEF.B is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for GEF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 18.17 | NEGATIVE | The low ADX value for GEF.B suggests a weak or negative trend. |
59.4
-0.45 (-0.75%)
GREIF INC-CL B / GEF.B FAQ
What is the technical rating for GEF.B stock?
ChartMill assigns a technical rating of 0 / 10 to GEF.B.
Can you provide the trend direction for GREIF INC-CL B?
The current trend direction for GREIF INC-CL B (GEF.B) is Bearish.
What is the RSI signal for GREIF INC-CL B (GEF.B) stock?
GREIF INC-CL B (GEF.B) has an RSI value of 39.9596. This indicates that the stock is currently neutral.
What is the short term momentum for GEF.B stock?
The short term momentum for GREIF INC-CL B (GEF.B) is negative.
What is the buy/sell signal for GEF.B stock?
The buy/sell signal for GREIF INC-CL B (GEF.B) is sell as both the short term and long term trends are negative.