GRAF ACQUISITION CORP IV (GFOR) Technical Analysis
NYSE:GFOR • US3842721009
Current stock price
GFOR Technical Rating and Analysis
Taking everything into account, GFOR scores 0 out of 10 in our technical rating. GFOR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 77% of all other stocks performed better in the past year than GFOR.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- GFOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GFOR is lagging the market.
- In the last month GFOR has a been trading in the 5.01 - 12.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GFOR Weekly and Daily overview Charts
GFOR Setup Rating and Analysis
The technical rating of GFOR is bad and it also does not present a quality setup 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
GFOR Support and Resistance Analysis
8.22
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.12 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.52 from a horizontal line in the weekly time frame.
- Resistance @11.24 from a horizontal line in the daily time frame.
GFOR Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GFOR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GFOR is down. |
| ChartMill Relative Strength | 23.18 | NEGATIVE | GFOR has a low relative strength, it was outperformed by 76.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GFOR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GFOR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GFOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.88 | NEUTRAL | The RSI value for GFOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests GFOR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.18 | NEUTRAL | The Stochastics value for GFOR is a neutral value. |
| Average True Range in percent/ATR (20) | 17.28 | HIGH VOLATILITY | The high ATR as a percentage value for GFOR suggests high volalility. |
| Average Directional Index/ADX (14) | 30.78 | POSITIVE | The high ADX value value for GFOR suggests a strong trend. |
GFOR Chart- and CandleStick Pattern Analysis
GFOR Technicals: Chart, Performance Metrics, Trend & Indicators
8.3
+0.4 (+5.06%)
GRAF ACQUISITION CORP IV / GFOR TA FAQ
What is the ChartMill technical rating of GRAF ACQUISITION CORP IV (GFOR) stock?
ChartMill assigns a technical rating of 0 / 10 to GFOR.
Can you provide the trend direction for GRAF ACQUISITION CORP IV?
The current trend direction for GRAF ACQUISITION CORP IV (GFOR) is Bearish.
What is the RSI signal for GRAF ACQUISITION CORP IV (GFOR) stock?
GRAF ACQUISITION CORP IV (GFOR) has an RSI value of 40.8813. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GRAF ACQUISITION CORP IV?
The MACD indicator for GRAF ACQUISITION CORP IV (GFOR) has a value of -0.275836, indicating a bearish trend.