GRIFFON CORP (GFF) Stock Technical Analysis
NYSE:GFF - New York Stock Exchange, Inc. - US3984331021 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to GFF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GFF is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
GFF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GFF is lagging the market slightly.
In the last month GFF has a been trading in the 67.13 - 80.74 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, GFF turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
GFF is an average performer in the Building Products industry, it outperforms 70% of 41 stocks in the same industry.
GFF has an excellent technical rating, but the quality of the setup is only medium 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
64.93
79.18
When analyzing the support we can see 3 important areas.
- Support @69.95 from a trend line in the weekly time frame.
- A support zone ranging from 67.20 to 68.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @65.59 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for GFF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFF is up. |
| ChartMill Relative Strength | 68.42 | NEUTRAL | GFF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.34 | NEUTRAL | The RSI value for GFF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests GFF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.03 | OVERBOUGHT | The high Stochastics value suggests GFF may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for GFF suggests some volalility. |
| Average Directional Index/ADX (14) | 26.28 | POSITIVE | The high ADX value value for GFF suggests a strong 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)
78.4
+0.1 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.13%
1 Week3.1%
2 Weeks7.91%
1 Month11.98%
3 Month15.01%
6 Month2.32%
12 Month13.54%
2 Year87.92%
3 Year161.25%
5 Year242.81%
10 Year354.76%
15 Year478.17%
Volatility
ATR(14)1.9
ATR(20)%2.36%
ATR Inc-35.47%
Range Today1.04
ADR(20)1.73
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.42
Mansfield0.21
10 Day High80.74
10 Day Low71.79
20 Day High80.74
20 Day Low67.13
52 Week High86.73
52 Week Low55.01
CS1 End69.95
CR1 StartN/A
Volume & EV
DER(3)-1.42%
DER(5)-0.59%
Volume260.00K
Volume Incr-14.27%
Vol(5)283.40K
Vol(50)345.44K