GREIF INC-CL A (GEF) Stock Technical Analysis
NYSE:GEF - New York Stock Exchange, Inc. - US3976241071 - Common Stock - Currency: USD
Overall GEF gets a technical rating of 8 out of 10. Although GEF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
GEF is part of the Containers & Packaging industry. There are 22 other stocks in this industry. GEF outperforms 71% of them.
GEF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GEF is lagging the market slightly.
GEF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, GEF did better than 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although GEF has an excellent technical rating, it does not present a decent entry opportunity 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
60.28
72.87
We found 2 important support areas.
- A support zone ranging from 62.27 to 62.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 60.89 to 61.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 70.23 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 | 73.41 | POSITIVE | GEF has a high relative strength, it outperformed 73.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GEF is below 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) | 50.35 | NEUTRAL | The RSI value for GEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests GEF has a negative trend. |
| Stochastics (14,3) | 33.44 | NEUTRAL | The Stochastics value for GEF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for GEF suggests some volalility. |
| Average Directional Index/ADX (14) | 36.25 | POSITIVE | The high ADX value value for GEF suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
65.07
-1.53 (-2.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-2.3%
1 Week-4.6%
2 Weeks0.12%
1 Month2.5%
3 Month26.79%
6 Month5.91%
12 Month4.97%
2 Year-12.03%
3 Year-7.86%
5 Year87.04%
10 Year109.97%
15 Year9.12%
Volatility
ATR(14)1.55
ATR(20)%2.4%
ATR Inc-22.01%
Range Today1.74
ADR(20)1.51
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.41
Mansfield-0.1
10 Day High70.47
10 Day Low64.95
20 Day High70.47
20 Day Low62.57
52 Week High73.16
52 Week Low48.23
CS1 End62.74
CR1 Start70.23
Volume & EV
DER(3)-0.41%
DER(5)-0.04%
Volume140.70K
Volume Incr-26.53%
Vol(5)202.42K
Vol(50)211.93K