GFL ENVIRONMENTAL INC-SUB VT (GFL) Stock Technical Analysis
NYSE:GFL - New York Stock Exchange, Inc. - CA36168Q1046 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to GFL. Both in the recent history as in the last year, GFL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GFL did better than 73% of all other stocks. On top of that, GFL also shows a nice and consistent pattern of rising prices.
GFL is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 72% of 84 stocks in the same industry.
GFL 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 GFL is lagging the market slightly.
In the last month GFL has a been trading in the 46.67 - 50.89 range, which is quite wide. It is currently trading near the high of this range.
GFL has an average volume of 1129090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although GFL has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
41.30
52.11
When analyzing the support we can see 4 important areas.
- Support @50.43 from a horizontal line in the daily time frame.
- A support zone ranging from 46.49 to 49.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.58 from a trend line in the daily time frame.
- Support @41.72 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @50.51 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 51.58 to 51.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 GFL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFL is up. |
| ChartMill Relative Strength | 73.72 | POSITIVE | GFL has a high relative strength, it outperformed 73.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62 | NEUTRAL | The RSI value for GFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests GFL has a positive trend. |
| Stochastics (14,3) | 83.81 | OVERBOUGHT | The high Stochastics value suggests GFL may be overbought. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for GFL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.97 | NEGATIVE | The low ADX value for GFL suggests a weak or negative 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)
50.5
+0.72 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.45%
1 Week4.92%
2 Weeks7.4%
1 Month5.25%
3 Month1.71%
6 Month9.9%
12 Month27.62%
2 Year55.86%
3 Year79.72%
5 Year176.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%1.79%
ATR Inc-0.19%
Range Today0.92
ADR(20)0.8
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.72
Mansfield0.24
10 Day High50.89
10 Day Low46.92
20 Day High50.89
20 Day Low46.67
52 Week High52
52 Week Low38.78
CS1 End50.43
CR1 Start50.51
Volume & EV
DER(3)0.01%
DER(5)-1.33%
Volume850.19K
Volume Incr39.1%
Vol(5)1.54M
Vol(50)1.13M