GROWTH FOR GOOD ACQUISITION (GFGD) Technical Analysis
NASDAQ:GFGD • KYG415221061
Current stock price
GFGD Technical Rating and Analysis
Taking everything into account, GFGD scores 8 out of 10 in our technical rating. Although GFGD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- GFGD 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When comparing the performance of all stocks over the past year, GFGD turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- GFGD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GFGD is lagging the market.
GFGD Weekly and Daily overview Charts
GFGD Setup Rating and Analysis
GFGD 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
GFGD Support and Resistance Analysis
10.40
When analyzing the support we notice one important area.
- A support zone ranging from 10.51 to 10.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.54 to 10.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GFGD 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 GFGD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFGD is up. |
| ChartMill Relative Strength | 67.5 | NEUTRAL | GFGD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFGD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFGD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFGD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.59 | NEUTRAL | The RSI value for GFGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GFGD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.37 | NEUTRAL | The Stochastics value for GFGD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.82 | HIGH VOLATILITY | The high ATR as a percentage value for GFGD suggests high volalility. |
| Average Directional Index/ADX (14) | 47.92 | POSITIVE | The high ADX value value for GFGD suggests a strong trend. |
GFGD Chart- and CandleStick Pattern Analysis
GFGD Technicals: Chart, Performance Metrics, Trend & Indicators
10.53
+0.01 (+0.1%)
GROWTH FOR GOOD ACQUISITION / GFGD TA FAQ
What is the ChartMill technical rating of GROWTH FOR GOOD ACQUISITION (GFGD) stock?
ChartMill assigns a technical rating of 8 / 10 to GFGD.
What is the current trend direction of GROWTH FOR GOOD ACQUISITION (GFGD) stock?
The current trend direction for GROWTH FOR GOOD ACQUISITION (GFGD) is Bullish.
Can you provide the RSI signal for GROWTH FOR GOOD ACQUISITION?
GROWTH FOR GOOD ACQUISITION (GFGD) has an RSI value of 55.5881. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GROWTH FOR GOOD ACQUISITION?
The MACD indicator for GROWTH FOR GOOD ACQUISITION (GFGD) has a value of 0.10593, indicating a bearish trend.
What is the buy/sell signal for GFGD stock?
The buy/sell signal for GROWTH FOR GOOD ACQUISITION (GFGD) is buy as both the short term and long term trends are positive.