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 5 out of 10. GEF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
GEF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
56.11
When analyzing the support we notice one important area.
- A support zone ranging from 56.68 to 57.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- 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 | 31.72 | 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) | 70.55 | OVERBOUGHT | The high RSI value suggests GEF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests GEF has a positive trend. |
| Stochastics (14,3) | 89.5 | OVERBOUGHT | The high Stochastics value suggests GEF may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GEF suggests some volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for GEF suggests a possible start of a new trend. |
64.21
+1.95 (+3.13%)
GREIF INC-CL A / GEF FAQ
Can you provide the ChartMill technical rating for GREIF INC-CL A?
ChartMill assigns a technical rating of 5 / 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 70.5521. This indicates that the stock is currently overbought.
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.