GULF ISLAND FABRICATION INC (GIFI) Stock Technical Analysis
USA - NASDAQ:GIFI - US4023071024 - Common Stock
Overall GIFI gets a technical rating of 9 out of 10. Both in the recent history as in the last year, GIFI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GIFI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.58
3 important support areas can be observed.
- A support zone ranging from 7.10 to 7.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.84 from a trend line in the weekly time frame.
- A support zone ranging from 6.65 to 6.71. This zone is formed by a combination of multiple trend lines 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 GIFI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GIFI is up. |
| ChartMill Relative Strength | 95.53 | POSITIVE | GIFI has a high relative strength, it outperformed 95.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GIFI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GIFI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GIFI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 87.5 | OVERBOUGHT | The high RSI value suggests GIFI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests GIFI has a positive trend. |
| Stochastics (14,3) | 78.66 | NEUTRAL | The Stochastics value for GIFI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for GIFI suggests some volalility. |
| Average Directional Index/ADX (14) | 43.82 | POSITIVE | The high ADX value value for GIFI suggests a strong trend. |
11.78
+3.91 (+49.68%)
GULF ISLAND FABRICATION INC / GIFI FAQ
What is the ChartMill technical rating of GULF ISLAND FABRICATION INC (GIFI) stock?
ChartMill assigns a technical rating of 9 / 10 to GIFI.
What is the current trend direction of GULF ISLAND FABRICATION INC (GIFI) stock?
The current trend direction for GULF ISLAND FABRICATION INC (GIFI) is Bullish.
Can you provide the RSI signal for GULF ISLAND FABRICATION INC?
GULF ISLAND FABRICATION INC (GIFI) has an RSI value of 87.4968. This indicates that the stock is currently overbought.
Can you provide the MACD signal for GULF ISLAND FABRICATION INC?
The MACD indicator for GULF ISLAND FABRICATION INC (GIFI) has a value of 0.25534, indicating a bearish trend.
Can you provide the buy/sell signal for GULF ISLAND FABRICATION INC?
The buy/sell signal for GULF ISLAND FABRICATION INC (GIFI) is buy as both the short term and long term trends are positive.