GRIFFON CORP (GFF) Technical Analysis
NYSE:GFF • US3984331021
Current stock price
GFF Technical Rating and Analysis
Overall GFF gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GFF has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GFF is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, GFF also shows a nice and consistent pattern of rising prices.
- GFF is one of the better performing stocks in the Building Products industry, it outperforms 87% of 41 stocks in the same industry.
- 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.
- GFF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GFF Weekly and Daily overview Charts
GFF Setup Rating and Analysis
Besides having an excellent technical rating, GFF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 94.84. Right above this resistance zone may be a good entry point.
More info and screens
GFF Support and Resistance Analysis
66.53
When analyzing the support we can see 3 important areas.
- Support @88.63 from a horizontal line in the daily time frame.
- Support @75.26 from a horizontal line in the daily time frame.
- A support zone ranging from 67.20 to 69.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 94.84 to 94.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
GFF Technical Indicator Signal Analysis
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 | 78.1 | POSITIVE | GFF has a high relative strength, it outperformed 78.1% off all stocks 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) | 67.21 | NEUTRAL | The RSI value for GFF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests GFF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.63 | NEUTRAL | The Stochastics value for GFF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for GFF suggests some volalility. |
| Average Directional Index/ADX (14) | 38.02 | POSITIVE | The high ADX value value for GFF suggests a strong trend. |
GFF Chart- and CandleStick Pattern Analysis
GFF Example Setup
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 |
|---|---|---|---|
| 94.85 | 88.62 | 6.23 (6.57%) | 15.22% |
| An entry @94.85. This is a Buy Stop order right above the resistance zone. | An exit @88.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.23 points, which is 6.57%. | When investing 15.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
GFF Technicals: Chart, Performance Metrics, Trend & Indicators
92.55
+1.38 (+1.51%)
GRIFFON CORP / GFF TA FAQ
What is the ChartMill technical rating of GRIFFON CORP (GFF) stock?
ChartMill assigns a technical rating of 10 / 10 to GFF.
Can you provide the trend direction for GRIFFON CORP?
The current trend direction for GRIFFON CORP (GFF) is Bullish.
What is the RSI signal for GRIFFON CORP (GFF) stock?
GRIFFON CORP (GFF) has an RSI value of 67.2077. This indicates that the stock is currently neutral.
What is the MACD signal for GRIFFON CORP (GFF) stock?
The MACD indicator for GRIFFON CORP (GFF) has a value of 0.428742, indicating a bearish trend.
What is the support and resistance level for GFF stock?
GRIFFON CORP (GFF) has a support level at 88.63 and a resistance level at 94.84. Check the full technical report for our detailed analysis of GFF support and resistance levels.