GFL ENVIRONMENTAL INC-SUB VT (GFL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GFL - CA36168Q1046 - Common Stock
We assign a technical rating of 1 out of 10 to GFL. 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.
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. There is a resistance zone just above the current price starting at 45.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.59, 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
41.52
We found 2 important support areas.
- A support zone ranging from 42.95 to 43.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.94 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 45.02 to 46.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.36 to 47.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 50.43 to 51.04. 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 | NEUTRAL | NEUTRAL | The short term trend for GFL is neutral. |
| ChartMill Relative Strength | 31.76 | NEUTRAL | GFL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of GFL is below 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) | 47.8 | NEUTRAL | The RSI value for GFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GFL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 40.62 | NEUTRAL | The Stochastics value for GFL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for GFL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.72 | NEGATIVE | The low ADX value for GFL suggests a weak or negative trend. |
44.72
+0.02 (+0.04%)
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 current trend direction of GFL ENVIRONMENTAL INC-SUB VT (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 47.7957. This indicates that the stock is currently neutral.
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 neutral.