GFL ENVIRONMENTAL INC-SUB VT (GFL) Stock Technical Analysis
NYSE:GFL • CA36168Q1046
Overall GFL gets a technical rating of 1 out of 10. GFL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, GFL is a bad performer in the overall market: 76% of all stocks are doing better.
- GFL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month GFL has a been trading in the 40.94 - 46.32 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 1712360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- GFL is an average performer in the Commercial Services & Supplies industry, it outperforms 45% of 80 stocks in the same industry.
GFL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 43.25, a Stop Loss order could be placed below this zone.
More info and screens
40.91
When analyzing the support we notice one important area.
- A support zone ranging from 41.32 to 43.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 43.48 to 44.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.52 from a horizontal line in the daily time frame.
- Resistance @47.38 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 | DOWN | NEGATIVE | The long term trend for GFL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFL is up. |
| ChartMill Relative Strength | 24.63 | NEGATIVE | GFL has a low relative strength, it was outperformed by 75.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GFL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GFL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GFL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.39 | NEUTRAL | The RSI value for GFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GFL has a positive trend. |
| Stochastics (14,3) | 45.11 | NEUTRAL | The Stochastics value for GFL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for GFL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.86 | NEUTRAL | The ADX value for GFL suggests a possible start of a new trend. |
43.47
+0.14 (+0.32%)
GFL ENVIRONMENTAL INC-SUB VT / GFL FAQ
Can you provide the ChartMill technical rating for GFL ENVIRONMENTAL INC-SUB VT?
ChartMill assigns a technical rating of 1 / 10 to GFL.
What is the trend direction for GFL stock?
The current trend direction for GFL ENVIRONMENTAL INC-SUB VT (GFL) is Bearish.
What is the RSI signal for GFL ENVIRONMENTAL INC-SUB VT (GFL) stock?
GFL ENVIRONMENTAL INC-SUB VT (GFL) has an RSI value of 52.3853. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GFL ENVIRONMENTAL INC-SUB VT?
The MACD indicator for GFL ENVIRONMENTAL INC-SUB VT (GFL) has a value of 0.072071, indicating a bearish trend.
What is the short term momentum for GFL ENVIRONMENTAL INC-SUB VT (GFL) stock?
The short term momentum for GFL ENVIRONMENTAL INC-SUB VT (GFL) is positive.