GOLD FIELDS LTD-SPONS ADR (GFI) Stock Technical Analysis
NYSE:GFI - New York Stock Exchange, Inc. - US38059T1060 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to GFI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GFI is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GFI did better than 92% of all other stocks.
GFI is part of the Metals & Mining industry. There are 154 other stocks in this industry. GFI outperforms 70% of them.
GFI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GFI is performing more or less in line with the market.
GFI 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.
GFI has an average volume of 3746620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GFI has an excellent technical rating and 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 support zone below the current price at 24.38, 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
13.40
25.97
7 important support areas can be observed.
- A support zone ranging from 24.16 to 24.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.45 to 23.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.90 from a trend line in the daily time frame.
- Support @21.02 from a trend line in the daily time frame.
- Support @19.94 from a horizontal line in the daily time frame.
- Support @14.36 from a trend line in the weekly time frame.
- Support @13.54 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.71 to 25.71. 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 | UP | POSITIVE | The short term trend for GFI is up. |
| ChartMill Relative Strength | 92.7 | POSITIVE | GFI has a high relative strength, it outperformed 92.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFI is above 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) | 54.58 | NEUTRAL | The RSI value for GFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GFI has a negative trend. |
| Stochastics (14,3) | 40.14 | NEUTRAL | The Stochastics value for GFI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.54 | MEDIUM VOLATILITY | The ATR as a percentage value for GFI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.26 | NEUTRAL | The ADX value for GFI 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)
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 |
|---|---|---|---|
| 24.67 | 24.15 | 0.52 (2.12%) | 25.00% |
| An entry @24.67. This is a Buy Stop order right above the 10 day moving average. | An exit @24.15. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.52 points, which is 2.12%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of GFI. Please evaluate whether better entry and exit points can be found.
- 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.
24.39
+0.07 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.29%
1 Week-3.37%
2 Weeks-4.05%
1 Month10.76%
3 Month12.86%
6 Month76.87%
12 Month66.14%
2 Year76.36%
3 Year167.43%
5 Year159.47%
10 Year655.11%
15 Year82.42%
Volatility
ATR(14)0.88
ATR(20)%3.54%
ATR Inc-28.56%
Range Today0.56
ADR(20)0.68
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.7
Mansfield3.22
10 Day High25.71
10 Day Low23.91
20 Day High26.36
20 Day Low21.57
52 Week High26.36
52 Week Low12.98
CS1 End24.38
CR1 Start25.71
Volume & EV
DER(3)1.87%
DER(5)1.63%
Volume5.24M
Volume Incr14.33%
Vol(5)3.39M
Vol(50)3.75M