GREIF INC-CL A (GEF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GEF - US3976241071 - Common Stock
Overall GEF gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GEF is only an average performer.
Although GEF 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.
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56.31
When analyzing the support we can see 3 important areas.
- A support zone ranging from 64.77 to 66.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 58.01 to 58.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.88 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @67.41 from a horizontal line in the daily time frame.
- A resistance zone ranging from 71.30 to 72.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEF is up. |
| ChartMill Relative Strength | 57.9 | NEUTRAL | GEF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GEF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GEF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.16 | NEUTRAL | The RSI value for GEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests GEF has a positive trend. |
| Stochastics (14,3) | 81.28 | OVERBOUGHT | The high Stochastics value suggests GEF may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for GEF suggests low volalility. |
| Average Directional Index/ADX (14) | 39.79 | POSITIVE | The high ADX value value for GEF 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 |
|---|---|---|---|
| 67.42 | 64.76 | 2.66 (3.95%) | 25.00% |
| An entry @67.42. This is a Buy Stop order right above the resistance zone. | An exit @64.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.66 points, which is 3.95%. | For a 0.99% total portfolio risk, you can invest 25.00% 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.
66.77
+2 (+3.09%)
GREIF INC-CL A / GEF FAQ
Can you provide the ChartMill technical rating for GREIF INC-CL A?
ChartMill assigns a technical rating of 8 / 10 to GEF.
What is the current trend direction of GREIF INC-CL A (GEF) stock?
The current trend direction for GREIF INC-CL A (GEF) is Bullish.
What is the RSI signal for GREIF INC-CL A (GEF) stock?
GREIF INC-CL A (GEF) has an RSI value of 68.1568. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GREIF INC-CL A?
The short term momentum for GREIF INC-CL A (GEF) is positive.
What is the buy/sell signal for GEF stock?
The buy/sell signal for GREIF INC-CL A (GEF) is buy as both the short term and long term trends are positive.