GRAHAM CORP (GHM) Stock Technical Analysis
NYSE:GHM • US3845561063
Taking everything into account, GHM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GHM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, GHM did better than 96% of all other stocks. We also observe that the gains produced by GHM over the past year are nicely spread over this period.
- GHM is one of the better performing stocks in the Machinery industry, it outperforms 96% of 131 stocks in the same industry.
- GHM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GHM has a been trading in the 66.40 - 91.91 range, which is quite wide. It is currently trading near the high of this range.
Although GHM has an excellent technical rating, it does not present a decent entry opportunity 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
60.19
When analyzing the support we can see 3 important areas.
- Support @73.40 from a trend line in the daily time frame.
- Support @63.86 from a trend line in the weekly time frame.
- A support zone ranging from 60.80 to 61.16. 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 GHM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GHM is up. |
| ChartMill Relative Strength | 96.08 | POSITIVE | GHM has a high relative strength, it outperformed 96.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GHM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GHM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GHM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.28 | NEUTRAL | The RSI value for GHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.93 | POSITIVE | The MACD value suggests GHM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.94 | NEUTRAL | The Stochastics value for GHM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for GHM suggests high volalility. |
| Average Directional Index/ADX (14) | 36.81 | POSITIVE | The high ADX value value for GHM suggests a strong trend. |
84.4
+0.52 (+0.62%)
GRAHAM CORP / GHM FAQ
Can you provide the ChartMill technical rating for GRAHAM CORP?
ChartMill assigns a technical rating of 10 / 10 to GHM.
What is the current trend direction of GRAHAM CORP (GHM) stock?
The current trend direction for GRAHAM CORP (GHM) is Bullish.
What is the RSI signal for GRAHAM CORP (GHM) stock?
GRAHAM CORP (GHM) has an RSI value of 63.2788. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GRAHAM CORP?
The MACD indicator for GRAHAM CORP (GHM) has a value of 0.934676, indicating a bearish trend.
What is the short term momentum for GRAHAM CORP (GHM) stock?
The short term momentum for GRAHAM CORP (GHM) is positive.