GFL ENVIRONMENTAL INC-SUB VT (GFL) Stock Technical Analysis
NYSE:GFL - New York Stock Exchange, Inc. - CA36168Q1046 - Common Stock - Currency: USD
Taking everything into account, GFL scores 9 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GFL did better than 86% of all other stocks. On top of that, GFL also shows a nice and consistent pattern of rising prices.
GFL is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. GFL outperforms 74% of them.
GFL 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 GFL is performing more or less in line with the market.
In the last month GFL has a been trading in the 46.69 - 51.70 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 1893850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, GFL also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 47.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
42.49
52.11
We found 3 important support areas.
- A support zone ranging from 47.05 to 47.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.52 to 45.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 42.92 to 43.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @51.59 from a horizontal line 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 | 86.37 | POSITIVE | GFL has a high relative strength, it outperformed 86.37% off all stocks 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) | 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) | 50.46 | NEUTRAL | The RSI value for GFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GFL has a negative trend. |
| Stochastics (14,3) | 86.09 | OVERBOUGHT | The high Stochastics value suggests GFL may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for GFL suggests some volalility. |
| Average Directional Index/ADX (14) | 8.93 | 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)
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 |
|---|---|---|---|
| 50.51 | 48.06 | 2.45 (4.85%) | 20.62% |
| An entry @50.51. This is a Buy Stop order right above the 10 day high. | An exit @48.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.45 points, which is 4.85%. | When investing 20.62% 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.
49.37
-0.74 (-1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-1.48%
1 Week-0.5%
2 Weeks-0.84%
1 Month-4.28%
3 Month5.42%
6 Month7.26%
12 Month35.56%
2 Year27.24%
3 Year91.36%
5 Year163.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%2.39%
ATR Inc6.06%
Range Today0.96
ADR(20)1.17
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.37
Mansfield0.8
10 Day High50.5
10 Day Low48.07
20 Day High51.7
20 Day Low46.69
52 Week High52
52 Week Low36.26
CS1 End47.46
CR1 Start51.59
Volume & EV
DER(3)-0.87%
DER(5)-1.1%
Volume1.30M
Volume Incr-42.76%
Vol(5)1.01M
Vol(50)1.89M