GRAYSCALE FUTURE OF FINANCE (GFOF) Stock Technical Analysis
USA - NYSEARCA:GFOF - US26922B7257 - ETF
We assign a technical rating of 9 out of 10 to GFOF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GFOF is showing a nice and steady performance.
Besides having an excellent technical rating, GFOF also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
15.29
When analyzing the support we can see 7 important areas.
- A support zone ranging from 27.56 to 27.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @25.29 from a horizontal line in the daily time frame.
- Support @21.84 from a trend line in the daily time frame.
- Support @17.01 from a trend line in the weekly time frame.
- Support @16.25 from a trend line in the weekly time frame.
- Support @15.80 from a trend line in the daily time frame.
- A support zone ranging from 15.44 to 15.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.70 to 27.77. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for GFOF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GFOF is up. |
| ChartMill Relative Strength | 95.17 | POSITIVE | GFOF has a high relative strength, it outperformed 95.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GFOF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GFOF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GFOF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.93 | NEUTRAL | The RSI value for GFOF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests GFOF has a negative trend. |
| Stochastics (14,3) | 71.79 | NEUTRAL | The Stochastics value for GFOF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for GFOF suggests some volalility. |
| Average Directional Index/ADX (14) | 35.36 | POSITIVE | The high ADX value value for GFOF suggests a strong trend. |
NYSEARCA:GFOF (12/12/2024, 8:05:48 PM)
27.69
0 (0%)
GRAYSCALE FUTURE OF FINANCE / GFOF FAQ
Can you provide the ChartMill technical rating for GRAYSCALE FUTURE OF FINANCE?
ChartMill assigns a technical rating of 9 / 10 to GFOF.
Can you provide the trend direction for GRAYSCALE FUTURE OF FINANCE?
The current trend direction for GRAYSCALE FUTURE OF FINANCE (GFOF) is Bullish.
What is the RSI signal for GRAYSCALE FUTURE OF FINANCE (GFOF) stock?
GRAYSCALE FUTURE OF FINANCE (GFOF) has an RSI value of 64.9255. This indicates that the stock is currently neutral.
What is the buy/sell signal for GRAYSCALE FUTURE OF FINANCE (GFOF) stock?
The buy/sell signal for GRAYSCALE FUTURE OF FINANCE (GFOF) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GFOF stock?
GRAYSCALE FUTURE OF FINANCE (GFOF) has a support level at 27.68 and a resistance level at 27.7. Check the full technical report for our detailed analysis of GFOF support and resistance levels.