GOLD FIELDS LTD-SPONS ADR (GFI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GFI - US38059T1060 - ADR
Taking everything into account, GFI scores 8 out of 10 in our technical rating. In the last year, GFI was one of the better performers, but we do observe some doubts in the very recent evolution.
GFI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 38.40, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
30.13
3 important support areas can be observed.
- A support zone ranging from 37.88 to 38.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.67 from a horizontal line in the daily time frame.
- A support zone ranging from 30.43 to 30.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @41.47 from a trend line in the daily time frame.
- A resistance zone ranging from 42.87 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 | 97.07 | POSITIVE | GFI has a high relative strength, it outperformed 97.07% 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) | 45.83 | NEUTRAL | The RSI value for GFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests GFI has a negative trend. |
| Stochastics (14,3) | 43.59 | NEUTRAL | The Stochastics value for GFI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for GFI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.31 | NEGATIVE | The low ADX value for GFI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 41.48 | 37.87 | 3.61 (8.70%) | 11.49% |
| An entry @41.48. This is a Buy Stop order right above the resistance zone. | An exit @37.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.61 points, which is 8.70%. | When investing 11.49% 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.
38.45
+0.5 (+1.32%)
GOLD FIELDS LTD-SPONS ADR / GFI FAQ
What is the technical rating for GFI stock?
ChartMill assigns a technical rating of 8 / 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 45.8264. 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 -0.168525, 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 41.47. Check the full technical report for our detailed analysis of GFI support and resistance levels.