GREIF INC-CL B (GEF.B) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GEF.B - US3976242061 - Common Stock
Taking everything into account, GEF.B scores 7 out of 10 in our technical rating. GEF.B has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although GEF.B has an excellent technical rating, the quality of the presented setup is not ideal 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 can see 2 important areas.
- A support zone ranging from 59.36 to 59.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.16 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @71.68 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for GEF.B is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEF.B is up. |
| ChartMill Relative Strength | 53.62 | NEUTRAL | GEF.B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEF.B is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEF.B is above the rising 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) | 64.12 | NEUTRAL | The RSI value for GEF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests GEF.B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.79 | OVERBOUGHT | The high Stochastics value suggests GEF.B may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for GEF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 33.33 | POSITIVE | The high ADX value value for GEF.B suggests a strong trend. |
69.62
-1.5 (-2.11%)
GREIF INC-CL B / GEF.B FAQ
What is the technical rating for GEF.B stock?
ChartMill assigns a technical rating of 7 / 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 Bullish.
What is the RSI signal for GREIF INC-CL B (GEF.B) stock?
GREIF INC-CL B (GEF.B) has an RSI value of 64.1237. 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 positive.
What is the buy/sell signal for GEF.B stock?
The buy/sell signal for GREIF INC-CL B (GEF.B) is buy as both the short term and long term trends are positive.