GAFISA S A (GFA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GFA - US3626074005
We assign a technical rating of 9 out of 10 to GFA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GFA is showing a nice and steady performance.
Besides having an excellent technical rating, GFA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.28. Right above this resistance zone may be a good entry point.
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5.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.13 to 8.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.37 from a trend line in the daily time frame.
- Support @5.50 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.28 to 8.37. 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 GFA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFA is up. |
| ChartMill Relative Strength | 93.9 | POSITIVE | GFA has a high relative strength, it outperformed 93.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GFA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.08 | NEUTRAL | The RSI value for GFA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GFA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.03 | OVERBOUGHT | The high Stochastics value suggests GFA may be overbought. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for GFA suggests some volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.38 | 8.12 | 0.26 (3.10%) | 25.00% |
| An entry @8.38. This is a Buy Stop order right above the resistance zone. | An exit @8.12. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.26 points, which is 3.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- The distance between exit and entry is rather small compared to the average daily movement of GFA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:GFA (12/14/2018, 8:04:02 PM)
8.27
+0.13 (+1.6%)
GAFISA S A / GFA FAQ
What is the ChartMill technical rating of GAFISA S A (GFA) stock?
ChartMill assigns a technical rating of 8 / 10 to GFA.
What is the trend direction for GFA stock?
The current trend direction for GAFISA S A (GFA) is Bullish.
What is the RSI signal for GFA stock?
GAFISA S A (GFA) has an RSI value of 63.0828. This indicates that the stock is currently neutral.
What is the MACD signal for GAFISA S A (GFA) stock?
The MACD indicator for GAFISA S A (GFA) has a value of 0.00873796, indicating a bearish trend.
What is the short term momentum for GAFISA S A (GFA) stock?
The short term momentum for GAFISA S A (GFA) is positive.