GFL ENVIRONMENTAL INC-SUB VT (GFL) Stock Technical Analysis
USA - NYSE:GFL - CA36168Q1046 - Common Stock
46.06 USD
-0.57 (-1.22%)
46.06 USD
0 (0%)
Overall GFL gets a technical rating of 1 out of 10. GFL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month GFL has a been trading in the 45.24 - 48.28 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.
GFL has an average volume of 1262990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, GFL outperforms 55% of them, which is more or less in line with the market.
GFL is an average performer in the Commercial Services & Supplies industry, it outperforms 65% of 84 stocks in the same industry.
GFL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GFL is lagging the market.
Although the technical rating is bad, GFL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 46.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GFL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
45.32
52.11
When analyzing the support we notice one important area.
- A support zone ranging from 45.78 to 46.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 46.61 to 48.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.96 from a horizontal line in the daily time frame.
- A resistance zone ranging from 50.76 to 51.59. 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 | DOWN | NEGATIVE | The long term trend for GFL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GFL is down. |
| ChartMill Relative Strength | 55.24 | NEUTRAL | GFL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GFL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GFL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GFL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.74 | NEUTRAL | The RSI value for GFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GFL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.93 | NEUTRAL | The Stochastics value for GFL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for GFL suggests some volalility. |
| Average Directional Index/ADX (14) | 22.99 | NEUTRAL | The ADX value for GFL 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)
46.06
-0.57 (-1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.22%
1 Week-1.77%
2 Weeks0.2%
1 Month-2.58%
3 Month-2.74%
6 Month-4.54%
12 Month13.73%
2 Year59.82%
3 Year70.66%
5 Year140.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.1%
ATR Inc-21.66%
Range Today0.98
ADR(20)0.96
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.24
Mansfield-1.23
10 Day High48.07
10 Day Low45.24
20 Day High48.28
20 Day Low45.24
52 Week High52
52 Week Low39.64
CS1 End46.05
CR1 Start46.61
Volume & EV
DER(3)1.05%
DER(5)3.22%
Volume972.40K
Volume Incr3.47%
Vol(5)1.35M
Vol(50)1.26M