NEW GERMANY FUND (GF) Stock Technical Analysis
USA - NYSE:GF - US6444651060
We assign a technical rating of 1 out of 10 to GF. GF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.25, a Stop Loss order could be placed below this zone.
More info and screens
10.73
We found 2 important support areas.
- A support zone ranging from 11.09 to 11.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.84 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.45 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.26 to 12.38. 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 GF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GF is down. |
| ChartMill Relative Strength | 68.7 | NEUTRAL | GF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.66 | NEUTRAL | The RSI value for GF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.83 | OVERSOLD | The low Stochastics value suggests GF may be oversold. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for GF suggests low volalility. |
| Average Directional Index/ADX (14) | 21.36 | NEUTRAL | The ADX value for GF suggests a possible start of a new trend. |
11.25
+0.02 (+0.18%)
NEW GERMANY FUND / GF FAQ
What is the technical rating for GF stock?
ChartMill assigns a technical rating of 1 / 10 to GF.
What is the trend direction for GF stock?
The current trend direction for NEW GERMANY FUND (GF) is Bearish.
What is the RSI signal for NEW GERMANY FUND (GF) stock?
NEW GERMANY FUND (GF) has an RSI value of 42.6631. This indicates that the stock is currently neutral.
What is the MACD signal for NEW GERMANY FUND (GF) stock?
The MACD indicator for NEW GERMANY FUND (GF) has a value of -0.0276359, indicating a bearish trend.
What is the short term momentum for NEW GERMANY FUND (GF) stock?
The short term momentum for NEW GERMANY FUND (GF) is negative.