GOLD FIELDS LTD-SPONS ADR (GFI) Stock Technical Analysis
USA - NYSE:GFI - US38059T1060 - ADR
Taking everything into account, GFI scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although GFI has an excellent technical rating, it does not offer a high quality setup 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.
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30.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 38.02 to 38.40. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @37.20 from a trend line in the daily time frame.
- Support @35.67 from a horizontal line in the daily time frame.
- A support zone ranging from 30.43 to 30.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 39.44 to 40.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 42.27 to 43.15. 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 GFI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GFI is neutral. |
| ChartMill Relative Strength | 97 | POSITIVE | GFI has a high relative strength, it outperformed 97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GFI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GFI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.86 | NEUTRAL | The RSI value for GFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests GFI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for GFI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.71 | HIGH VOLATILITY | The high ATR as a percentage value for GFI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for GFI suggests a weak or negative trend. |
39.31
-1.51 (-3.7%)
GOLD FIELDS LTD-SPONS ADR / GFI FAQ
What is the technical rating for GFI stock?
ChartMill assigns a technical rating of 9 / 10 to GFI.
What is the current trend direction of GOLD FIELDS LTD-SPONS ADR (GFI) stock?
The current trend direction for GOLD FIELDS LTD-SPONS ADR (GFI) is Bullish.
What is the RSI signal for GOLD FIELDS LTD-SPONS ADR (GFI) stock?
GOLD FIELDS LTD-SPONS ADR (GFI) has an RSI value of 47.8573. This indicates that the stock is currently neutral.
What is the MACD signal for GOLD FIELDS LTD-SPONS ADR (GFI) stock?
The MACD indicator for GOLD FIELDS LTD-SPONS ADR (GFI) has a value of 0.146051, indicating a bearish trend.
What are the support and resistance levels for GOLD FIELDS LTD-SPONS ADR (GFI) stock?
GOLD FIELDS LTD-SPONS ADR (GFI) has a support level at 38.4 and a resistance level at 39.44. Check the full technical report for our detailed analysis of GFI support and resistance levels.