GEO GROUP INC/THE (GEO) Stock Technical Analysis
NYSE:GEO - New York Stock Exchange, Inc. - US36162J1060 - Common Stock - Currency: USD
Overall GEO gets a technical rating of 3 out of 10. 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.
In the last month GEO has a been trading in the 25.07 - 32.09 range, which is quite wide. It is currently trading near the lows of this range.
GEO is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. GEO outperforms 93% of them.
GEO has an average volume of 3105240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that GEO is one of the better performing stocks in the market, outperforming 95% of all 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 trading in the upper part of its 52 week range, so GEO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
GEO has a poor technical rating and the quality of the setup is also not perfect 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
15.60
31.24
3 important support areas can be observed.
- Support @26.08 from a trend line in the daily time frame.
- Support @24.01 from a horizontal line in the weekly time frame.
- Support @15.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 27.55 to 28.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.90 to 30.93. 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 | DOWN | NEGATIVE | The short term trend for GEO is down. |
| ChartMill Relative Strength | 95.57 | POSITIVE | GEO has a high relative strength, it outperformed 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GEO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GEO is below the rising 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) | 44.41 | NEUTRAL | The RSI value for GEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests GEO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.28 | NEUTRAL | The Stochastics value for GEO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for GEO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.66 | NEGATIVE | The low ADX value for GEO 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)
26.83
-0.25 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.92%
1 Week1.74%
2 Weeks6.43%
1 Month-12.26%
3 Month5.88%
6 Month-6.45%
12 Month92.74%
2 Year259.65%
3 Year277.36%
5 Year123.96%
10 Year6.1%
15 Year90.73%
Volatility
ATR(14)1.2
ATR(20)%4.5%
ATR Inc-41.12%
Range Today0.64
ADR(20)1.18
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.57
Mansfield2.07
10 Day High27.87
10 Day Low25.07
20 Day High32.09
20 Day Low25.07
52 Week High36.46
52 Week Low11.75
CS1 End26.08
CR1 Start27.55
Volume & EV
DER(3)-0.97%
DER(5)-0.07%
Volume1.55M
Volume Incr-44.73%
Vol(5)1.99M
Vol(50)3.11M