Western Asset Variable Rate Strategic (GFY) Stock Technical Analysis
NYSE:GFY - New York Stock Exchange, Inc. -
Taking everything into account, GFY scores 4 out of 10 in our technical rating. GFY was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
71% of all other stocks performed better in the past year than GFY.
Warning: GFY has an average volume of 9638 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GFY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GFY is lagging the market slightly.
In the last month GFY has a been trading in a tight range between 16.23 and 16.50.
GFY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 16.27, a Stop Loss order could be placed below this zone.
More info and screens
15.74
17.24
When analyzing the support we notice one important area.
- A support zone ranging from 15.90 to 16.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.30 to 16.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.07 to 17.07. 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 | UP | POSITIVE | The long term trend for GFY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GFY is neutral. |
| ChartMill Relative Strength | 29.97 | NEGATIVE | GFY has a low relative strength, it was outperformed by 70.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GFY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GFY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GFY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.6 | NEUTRAL | The RSI value for GFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GFY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.1 | NEUTRAL | The Stochastics value for GFY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for GFY suggests low volalility. |
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)
Western Asset Variable Rate Strategic
NYSE:GFY (11/20/2020, 8:04:01 PM)
16.29
-0.01 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week-0.18%
2 Weeks-0.06%
1 Month0.25%
3 Month-0.75%
6 Month9.29%
12 Month-0.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.58%
ATR Inc-36.82%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.97
Mansfield-0.97
10 Day High16.5
10 Day Low16.26
20 Day High16.5
20 Day Low16.23
52 Week High17.14
52 Week Low10.88
CS1 End16.27
CR1 Start16.3
Volume & EV
DER(3)-1.07%
DER(5)-0.42%
Volume15.50K
Volume Incr-24.34%
Vol(5)7.40K
Vol(50)9.64K