GULFMARK OFFSHORE INC (GLF) Stock Technical Analysis
USA - NYSE:GLF - US4026295059
We assign a technical rating of 0 out of 10 to GLF. GLF'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.
The technical rating of GLF is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
28.09
3 important resistance areas can be observed.
- A resistance zone ranging from 29.80 to 29.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.66 to 31.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @38.13 from a trend 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 | DOWN | NEGATIVE | The long term trend for GLF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLF is down. |
| ChartMill Relative Strength | 29.3 | NEGATIVE | GLF has a low relative strength, it was outperformed by 70.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.22 | NEUTRAL | The RSI value for GLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests GLF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.56 | OVERSOLD | The low Stochastics value suggests GLF may be oversold. |
| Average True Range in percent/ATR (20) | 7.58 | HIGH VOLATILITY | The high ATR as a percentage value for GLF suggests high volalility. |
NYSE:GLF (11/15/2018, 8:06:30 PM)
28.37
+1.65 (+6.18%)
GULFMARK OFFSHORE INC / GLF FAQ
Can you provide the ChartMill technical rating for GULFMARK OFFSHORE INC?
ChartMill assigns a technical rating of 0 / 10 to GLF.
What is the trend direction for GLF stock?
The current trend direction for GULFMARK OFFSHORE INC (GLF) is Bearish.
Can you provide the RSI signal for GULFMARK OFFSHORE INC?
GULFMARK OFFSHORE INC (GLF) has an RSI value of 39.2199. This indicates that the stock is currently neutral.
What is the MACD signal for GULFMARK OFFSHORE INC (GLF) stock?
The MACD indicator for GULFMARK OFFSHORE INC (GLF) has a value of -0.254067, indicating a bearish trend.
What are the support and resistance levels for GULFMARK OFFSHORE INC (GLF) stock?
GULFMARK OFFSHORE INC (GLF) has a resistance level at 29.8. Check the full technical report for our detailed analysis of GLF support and resistance levels.