GULF ISLAND FABRICATION INC (GIFI) Stock Technical Analysis
NASDAQ:GIFI - Nasdaq - US4023071024 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GIFI. GIFI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, GIFI is a bad performer in the overall market: 61% of all stocks are doing better.
In the last month GIFI has a been trading in the 6.05 - 7.40 range, which is quite wide. It is currently trading near the lows of this range.
GIFI is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 79% of 63 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GIFI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GIFI is lagging the market slightly.
Although the technical rating is bad, GIFI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.67. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.33, a Stop Loss order could be placed below this zone.
More info and screens
5.89
7.45
We found 2 important support areas.
- A support zone ranging from 6.21 to 6.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.95 to 6.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @6.67 from a horizontal line in the daily time frame.
- Resistance @7.08 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 7.35 to 7.38. 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 GIFI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GIFI is neutral. |
| ChartMill Relative Strength | 39.42 | NEUTRAL | GIFI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GIFI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIFI is below a declining 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) | 51.36 | NEUTRAL | The RSI value for GIFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GIFI has a positive trend. |
| Stochastics (14,3) | 41.74 | NEUTRAL | The Stochastics value for GIFI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for GIFI suggests high volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for GIFI suggests a weak or negative 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)
6.42
+0.25 (+4.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg4.05%
1 Week1.1%
2 Weeks3.55%
1 Month-12.89%
3 Month-1.23%
6 Month-7.09%
12 Month-5.03%
2 Year98.15%
3 Year88.82%
5 Year114.72%
10 Year-42.98%
15 Year-64.86%
Volatility
ATR(14)0.25
ATR(20)%5.24%
ATR Inc49.66%
Range Today0.45
ADR(20)0.32
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.42
Mansfield-0.2
10 Day High6.61
10 Day Low6.06
20 Day High7.4
20 Day Low6.05
52 Week High7.59
52 Week Low5.12
CS1 End6.33
CR1 Start6.67
Volume & EV
DER(3)-7.51%
DER(5)-9.56%
Volume110.40K
Volume Incr3.28%
Vol(5)68.74K
Vol(50)56.42K