Gfi Group Inc. (GFIG) Technical Analysis
NYSE:GFIG • US3616522096
Current stock price
GFIG Technical Rating and Analysis
Overall GFIG gets a technical rating of 7 out of 10. Both in the recent history as in the last year, GFIG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- GFIG 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 GFIG is lagging the market slightly.
- In the last month GFIG has a been trading in the 5.52 - 6.34 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Looking at the yearly performance, GFIG did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
GFIG Weekly and Daily overview Charts
GFIG Setup Rating and Analysis
Besides having an excellent technical rating, GFIG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 5.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GFIG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
GFIG Support and Resistance Analysis
3.19
We found 3 important support areas.
- A support zone ranging from 5.80 to 5.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.68 from a horizontal line in the daily time frame.
- Support @3.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.94 from a trend line in the daily time frame.
- A resistance zone ranging from 6.22 to 6.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
GFIG 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 GFIG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GFIG is neutral. |
| ChartMill Relative Strength | 91.23 | POSITIVE | GFIG has a high relative strength, it outperformed 91.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.19 | NEUTRAL | The RSI value for GFIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GFIG has a positive trend. |
| Stochastics (14,3) | 54.11 | NEUTRAL | The Stochastics value for GFIG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for GFIG suggests some volalility. |
GFIG Chart- and CandleStick Pattern Analysis
GFIG 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 |
|---|---|---|---|
| 5.95 | 5.82 | 0.13 (2.18%) | 25.00% |
| An entry @5.95. This is a Buy Stop order right above the resistance zone. | An exit @5.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.13 points, which is 2.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- The distance between exit and entry is rather small compared to the average daily movement of GFIG. 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.
GFIG Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:GFIG (4/9/2015, 8:39:45 PM)
5.93
+0.05 (+0.85%)
Gfi Group Inc. / GFIG TA FAQ
Can you provide the ChartMill technical rating for Gfi Group Inc.?
ChartMill assigns a technical rating of 6 / 10 to GFIG.
What is the trend direction for GFIG stock?
The current trend direction for Gfi Group Inc. (GFIG) is Bullish.
What is the RSI signal for Gfi Group Inc. (GFIG) stock?
Gfi Group Inc. (GFIG) has an RSI value of 52.1928. This indicates that the stock is currently neutral.
What is the MACD signal for GFIG stock?
The MACD indicator for Gfi Group Inc. (GFIG) has a value of 0.000394793, indicating a bearish trend.