GRAHAM HOLDINGS CO-CLASS B (GHC) Stock Technical Analysis
NYSE:GHC • US3846371041
We assign a technical rating of 2 out of 10 to GHC. GHC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- GHC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: GHC has an average volume of 18286 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- GHC is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry. GHC outperforms 81% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, GHC turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- GHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GHC is lagging the market.
GHC has a poor technical rating and the quality of the setup is also not perfect 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.
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1,000.23
When analyzing the support we can see 3 important areas.
- Support @1074.79 from a horizontal line in the daily time frame.
- A support zone ranging from 1038.11 to 1057.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1010.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1098.22 to 1131.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1176.90 to 1193.77. 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 | NEUTRAL | NEUTRAL | The long term trend for GHC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GHC is down. |
| ChartMill Relative Strength | 60.12 | NEUTRAL | GHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GHC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.84 | NEUTRAL | The RSI value for GHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.29 | NEGATIVE | The MACD value suggests GHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.41 | NEUTRAL | The Stochastics value for GHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for GHC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for GHC suggests a strong trend. |
1094.66
+14.35 (+1.33%)
GRAHAM HOLDINGS CO-CLASS B / GHC FAQ
What is the ChartMill technical rating of GRAHAM HOLDINGS CO-CLASS B (GHC) stock?
ChartMill assigns a technical rating of 2 / 10 to GHC.
What is the trend direction for GHC stock?
The current trend direction for GRAHAM HOLDINGS CO-CLASS B (GHC) is Bearish.
What is the RSI signal for GRAHAM HOLDINGS CO-CLASS B (GHC) stock?
GRAHAM HOLDINGS CO-CLASS B (GHC) has an RSI value of 43.8366. This indicates that the stock is currently neutral.
What is the MACD signal for GRAHAM HOLDINGS CO-CLASS B (GHC) stock?
The MACD indicator for GRAHAM HOLDINGS CO-CLASS B (GHC) has a value of -8.28699, indicating a bearish trend.
What is the short term momentum for GRAHAM HOLDINGS CO-CLASS B (GHC) stock?
The short term momentum for GRAHAM HOLDINGS CO-CLASS B (GHC) is negative.