GRAHAM CORP (GHM) Technical Analysis
NYSE:GHM • US3845561063
Taking everything into account, GHM scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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 part of the Machinery industry. There are 131 other stocks in this industry. GHM outperforms 98% of them.
- GHM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GHM is performing more or less in line with the market.
- In the last month GHM has a been trading in the 76.53 - 90.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GHM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 80.04, a Stop Loss order could be placed below this zone.
More info and screens
61.31
4 important support areas can be observed.
- A support zone ranging from 80.01 to 80.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.15 from a trend line in the weekly time frame.
- Support @63.06 from a trend line in the weekly time frame.
- Support @61.93 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @87.12 from a horizontal line in the daily time frame.
- Resistance @89.11 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for GHM is neutral. |
| ChartMill Relative Strength | 96.68 | POSITIVE | GHM has a high relative strength, it outperformed 96.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GHM is below a declining 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) | 48 | NEUTRAL | The RSI value for GHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests GHM has a negative trend. |
| Stochastics (14,3) | 41.43 | NEUTRAL | The Stochastics value for GHM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.15 | HIGH VOLATILITY | The high ATR as a percentage value for GHM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.91 | POSITIVE | The high ADX value value for GHM suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.13 | 80.00 | 7.13 (8.18%) | 12.22% |
| An entry @87.13. This is a Buy Stop order right above the resistance zone. | An exit @80.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.13 points, which is 8.18%. | For a 1.00% total portfolio risk, you can invest 12.22% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GHM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GHM Technicals: Chart, Performance Metrics, Trend & Indicators
80.05
-0.9 (-1.11%)
GRAHAM CORP / GHM FAQ
Can you provide the ChartMill technical rating for GRAHAM CORP?
ChartMill assigns a technical rating of 9 / 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 47.9985. 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 -0.677774, indicating a bearish trend.
What is the short term momentum for GRAHAM CORP (GHM) stock?
The short term momentum for GRAHAM CORP (GHM) is neutral.