GREIF INC-CL A (GEF) Stock Technical Analysis
NYSE:GEF - New York Stock Exchange, Inc. - US3976241071 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GEF. GEF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, GEF is a bad performer in the overall market: 72% of all stocks are doing better.
GEF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GEF is lagging the market.
GEF is an average performer in the Containers & Packaging industry, it outperforms 47% of 22 stocks in the same industry.
In the last month GEF has a been trading in the 53.18 - 57.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GEF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
54.29
70.93
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 54.96 to 55.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.72 to 57.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 69.82 to 70.23. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for GEF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GEF is neutral. |
| ChartMill Relative Strength | 28.34 | NEGATIVE | GEF has a low relative strength, it was outperformed by 71.66% 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) | DOWN | MIXED | The current price of GEF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GEF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.57 | NEUTRAL | The RSI value for GEF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests GEF has a negative trend. |
| Stochastics (14,3) | 46.25 | NEUTRAL | The Stochastics value for GEF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for GEF suggests low volalility. |
| Average Directional Index/ADX (14) | 13.5 | NEGATIVE | The low ADX value for GEF suggests a weak or negative 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)
54.84
-0.76 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.37%
1 Week0.13%
2 Weeks-3.3%
1 Month0.96%
3 Month-4.71%
6 Month-19.65%
12 Month-10.52%
2 Year-20.39%
3 Year-12.09%
5 Year59.37%
10 Year52.97%
15 Year-1.26%
Volatility
ATR(14)1
ATR(20)%1.91%
ATR Inc-14.7%
Range Today0.96
ADR(20)0.94
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.34
Mansfield-1.23
10 Day High57.15
10 Day Low54.04
20 Day High57.15
20 Day Low53.18
52 Week High73.16
52 Week Low48.23
CS1 EndN/A
CR1 Start54.96
Volume & EV
DER(3)-0.97%
DER(5)-0.26%
Volume310.80K
Volume Incr35.29%
Vol(5)152.64K
Vol(50)141.95K