GEO GROUP INC/THE (GEO) Stock Technical Analysis
NYSE:GEO - New York Stock Exchange, Inc. - US36162J1060 - Common Stock - Currency: USD
Taking everything into account, GEO scores 4 out of 10 in our technical rating. Although GEO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GEO is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 74% of 83 stocks in the same industry.
In the last month GEO has a been trading in the 22.73 - 27.17 range, which is quite wide. It is currently trading near the high of this range.
GEO has an average volume of 3031610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GEO did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GEO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GEO is lagging the market.
GEO has an average technical rating and the quality of the presented setup is also 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.
More info and screens
16.27
29.56
We found 4 important support areas.
- Support @24.12 from a trend line in the weekly time frame.
- Support @23.73 from a trend line in the daily time frame.
- A support zone ranging from 22.92 to 23.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.43 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.94 to 26.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.22 to 29.27. 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 | NEUTRAL | NEUTRAL | The long term trend for GEO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GEO is up. |
| ChartMill Relative Strength | 82.85 | POSITIVE | GEO has a high relative strength, it outperformed 82.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GEO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GEO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.73 | NEUTRAL | The RSI value for GEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests GEO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.57 | NEUTRAL | The Stochastics value for GEO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for GEO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.3 | NEUTRAL | The ADX value for GEO suggests a possible start of a new 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)
25.93
-0.2 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.77%
1 Week2.41%
2 Weeks10.76%
1 Month-0.73%
3 Month-10.62%
6 Month-16.19%
12 Month62.67%
2 Year247.12%
3 Year295.27%
5 Year143.93%
10 Year3.03%
15 Year80.24%
Volatility
ATR(14)0.98
ATR(20)%3.82%
ATR Inc-35.04%
Range Today0.51
ADR(20)0.93
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.85
Mansfield0.27
10 Day High27.17
10 Day Low23.15
20 Day High27.17
20 Day Low22.73
52 Week High36.46
52 Week Low11.75
CS1 End24.12
CR1 Start25.94
Volume & EV
DER(3)0.48%
DER(5)0.41%
Volume1.99M
Volume Incr4.47%
Vol(5)3.20M
Vol(50)3.03M