GREIF INC-CL B (GEF.B) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:GEF.B • US3976242061
Overall GEF.B gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GEF.B is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that GEF.B is one of the better performing stocks in the market, outperforming 88% of all stocks.
- GEF.B is one of the better performing stocks in the Containers & Packaging industry, it outperforms 80% of 22 stocks in the same industry.
- GEF.B 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.
- In the last month GEF.B has a been trading in the 79.96 - 91.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GEF.B also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 87.72, a Stop Loss order could be placed below this zone.
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57.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 84.91 to 87.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @82.25 from a horizontal line in the daily time frame.
- Support @60.51 from a trend line in the weekly time frame.
- Support @58.16 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 | 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 | 88.54 | POSITIVE | GEF.B has a high relative strength, it outperformed 88.54% off all stocks 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) | 61.89 | NEUTRAL | The RSI value for GEF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GEF.B has a negative trend. |
| Stochastics (14,3) | 59.13 | NEUTRAL | The Stochastics value for GEF.B is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for GEF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 35.74 | POSITIVE | The high ADX value value for GEF.B suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 91.96 | 84.90 | 7.06 (7.68%) | 13.03% |
| An entry @91.96. This is a Buy Stop order right above the 10 day high. | An exit @84.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.06 points, which is 7.68%. | For a 1.00% total portfolio risk, you can invest 13.03% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
87.73
+0.25 (+0.29%)
GREIF INC-CL B / GEF.B FAQ
What is the technical rating for GEF.B stock?
ChartMill assigns a technical rating of 10 / 10 to GEF.B.
What is the current trend direction of GREIF INC-CL B (GEF.B) stock?
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 61.8935. This indicates that the stock is currently neutral.
What is the MACD signal for GREIF INC-CL B (GEF.B) stock?
The MACD indicator for GREIF INC-CL B (GEF.B) has a value of -0.0958738, indicating a bearish trend.
What is the buy/sell signal for GREIF INC-CL B (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.