GRIFFON CORP (GFF) Stock Technical Analysis
NYSE:GFF - US3984331021 - Common Stock
78.08 USD
+0.78 (+1.01%)
78.08 USD
0 (0%)
We assign a technical rating of 6 out of 10 to GFF. Although GFF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
GFF is part of the Building Products industry. There are 41 other stocks in this industry. GFF outperforms 82% of them.
When comparing the yearly performance of all stocks, we notice that GFF is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GFF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GFF is lagging the market.
In the last month GFF has a been trading in the 66.95 - 82.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GFF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
64.93
86.01
We found 4 important support areas.
- A support zone ranging from 74.44 to 75.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.70 from a trend line in the weekly time frame.
- A support zone ranging from 67.20 to 68.57. 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.
We can see 2 important resistance areas.
- Resistance @80.91 from a horizontal line in the daily time frame.
- A resistance zone ranging from 84.30 to 85.16. 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 GFF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFF is up. |
| ChartMill Relative Strength | 76.11 | POSITIVE | GFF has a high relative strength, it outperformed 76.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GFF is above a declining 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) | 57.04 | NEUTRAL | The RSI value for GFF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests GFF has a positive trend. |
| Stochastics (14,3) | 95.03 | OVERBOUGHT | The high Stochastics value suggests GFF may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for GFF suggests some volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for GFF 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)
78.08
+0.78 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg1.01%
1 Week8.25%
2 Weeks3.75%
1 Month-4.35%
3 Month13.57%
6 Month7.93%
12 Month17.96%
2 Year86.48%
3 Year149.06%
5 Year259.32%
10 Year369.23%
15 Year630.4%
Volatility
ATR(14)2.03
ATR(20)%3.45%
ATR Inc-45.59%
Range Today1.62
ADR(20)2.31
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.11
Mansfield-0.16
10 Day High78.23
10 Day Low71
20 Day High82.37
20 Day Low66.95
52 Week High86.73
52 Week Low60.97
CS1 End75.82
CR1 Start80.91
Volume & EV
DER(3)-2.38%
DER(5)-1.96%
Volume458.80K
Volume Incr-35.61%
Vol(5)344.86K
Vol(50)411.70K