GRAHAM CORP (GHM) Stock Technical Analysis
NYSE:GHM - New York Stock Exchange, Inc. - US3845561063 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to GHM. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GHM is one of the better performing stocks in the market, outperforming 94% of all stocks.
GHM is one of the better performing stocks in the Machinery industry, it outperforms 90% of 127 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.
GHM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GHM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 51.54, a Stop Loss order could be placed below this zone.
More info and screens
26.78
53.32
We found 4 important support areas.
- A support zone ranging from 50.42 to 51.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.71 to 45.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.18 from a trend line in the weekly time frame.
- Support @27.05 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 52.76 to 52.79. 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 | 94.1 | POSITIVE | GHM has a high relative strength, it outperformed 94.1% 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) | 64.85 | NEUTRAL | The RSI value for GHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests GHM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.3 | NEUTRAL | The Stochastics value for GHM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GHM suggests some volalility. |
| Average Directional Index/ADX (14) | 52.43 | POSITIVE | The high ADX value value for GHM suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 52.80 | 50.41 | 2.39 (4.53%) | 22.09% |
| An entry @52.80. This is a Buy Stop order right above the resistance zone. | An exit @50.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.39 points, which is 4.53%. | For a 1.00% total portfolio risk, you can invest 22.09% 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.
51.86
+0.51 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.99%
1 Week2.03%
2 Weeks-1.56%
1 Month15.09%
3 Month64.43%
6 Month11.03%
12 Month57.34%
2 Year270.43%
3 Year625.32%
5 Year294.07%
10 Year174.68%
15 Year221.51%
Volatility
ATR(14)1.67
ATR(20)%3.58%
ATR Inc-33.97%
Range Today1.46
ADR(20)1.82
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.1
Mansfield2.9
10 Day High53.85
10 Day Low49.49
20 Day High53.85
20 Day Low45
52 Week High53.85
52 Week Low24.78
CS1 End51.54
CR1 Start52.76
Volume & EV
DER(3)-2.75%
DER(5)-1.8%
Volume99.04K
Volume Incr-33.09%
Vol(5)86.19K
Vol(50)103.11K