GULF ISLAND FABRICATION INC (GIFI) Stock Technical Analysis
NASDAQ:GIFI - Nasdaq - US4023071024 - Common Stock - Currency: USD
Taking everything into account, GIFI scores 7 out of 10 in our technical rating. In the last year, GIFI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, GIFI also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GIFI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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5.95
We found 3 important support areas.
- A support zone ranging from 6.56 to 6.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.32 to 6.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.01 to 6.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.80 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.08 from a horizontal line in the weekly time frame.
- Resistance @7.23 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 | 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 | 65.17 | NEUTRAL | GIFI is not amongst the best or worst performers 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) | 55.16 | NEUTRAL | The RSI value for GIFI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GIFI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for GIFI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for GIFI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for GIFI suggests a possible start of a new 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 |
|---|---|---|---|
| 6.89 | 6.60 | 0.29 (4.21%) | 23.76% |
| An entry @6.89. This is a Buy Stop order right above the resistance zone. | An exit @6.60. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.29 points, which is 4.21%. | When investing 23.76% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:GIFI (6/23/2025, 8:18:58 PM)
6.76
-0.15 (-2.17%)