GREIF INC-CL B (GEF.B) Technical Analysis
NYSE:GEF.B • US3976242061
Current stock price
GEF.B Technical Rating and Analysis
Overall GEF.B gets a technical rating of 1 out of 10. GEF.B has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month GEF.B has a been trading in the 77.01 - 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 25402 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- GEF.B is part of the Containers & Packaging industry. There are 21 other stocks in this industry. GEF.B outperforms 90% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, GEF.B did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- GEF.B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GEF.B is lagging the market.
GEF.B Weekly and Daily overview Charts
GEF.B Setup Rating and Analysis
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
GEF.B Support and Resistance Analysis
61.03
When analyzing the support we can see 2 important areas.
- 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 @61.65 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 83.40 to 84.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @90.27 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for GEF.B is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GEF.B is down. |
| ChartMill Relative Strength | 73.03 | POSITIVE | GEF.B has a high relative strength, it outperformed 73.03% 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) | 34.18 | NEUTRAL | The RSI value for GEF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.06 | NEGATIVE | The MACD value suggests GEF.B has a negative trend. |
| Stochastics (14,3) | 17.22 | OVERSOLD | The low Stochastics value suggests GEF.B may be oversold. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for GEF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for GEF.B suggests a possible start of a new trend. |
GEF.B Chart- and CandleStick Pattern Analysis
GEF.B Technicals: Chart, Performance Metrics, Trend & Indicators
80.24
+0.91 (+1.15%)
GREIF INC-CL B / GEF.B TA FAQ
What is the technical rating for GEF.B stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
Can you provide the RSI signal for GREIF INC-CL B?
GREIF INC-CL B (GEF.B) has an RSI value of 34.1762. 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 79.12 and a resistance level at 83.4. Check the full technical report for our detailed analysis of GEF.B support and resistance levels.