ACUSHNET HOLDINGS CORP (GOLF) Stock Technical Analysis
USA - NYSE:GOLF - US0050981085 - Common Stock
We assign a technical rating of 5 out of 10 to GOLF. GOLF has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
GOLF has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 81.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.43, a Stop Loss order could be placed below this zone.
More info and screens
60.82
We found 4 important support areas.
- A support zone ranging from 78.27 to 79.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.21 from a trend line in the daily time frame.
- A support zone ranging from 73.90 to 74.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.43 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 81.83 to 82.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 84.40 to 84.40. 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 GOLF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOLF is neutral. |
| ChartMill Relative Strength | 69.4 | NEUTRAL | GOLF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GOLF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOLF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOLF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.09 | NEUTRAL | The RSI value for GOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests GOLF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.84 | NEUTRAL | The Stochastics value for GOLF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for GOLF suggests some volalility. |
| Average Directional Index/ADX (14) | 15.46 | NEGATIVE | The low ADX value for GOLF suggests a weak or negative trend. |
79.85
-1.59 (-1.95%)
ACUSHNET HOLDINGS CORP / GOLF FAQ
What is the technical rating for GOLF stock?
ChartMill assigns a technical rating of 5 / 10 to GOLF.
What is the trend direction for GOLF stock?
The current trend direction for ACUSHNET HOLDINGS CORP (GOLF) is Bullish.
Can you provide the RSI signal for ACUSHNET HOLDINGS CORP?
ACUSHNET HOLDINGS CORP (GOLF) has an RSI value of 52.0949. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACUSHNET HOLDINGS CORP?
The MACD indicator for ACUSHNET HOLDINGS CORP (GOLF) has a value of 0.138077, indicating a bearish trend.
What are the support and resistance levels for ACUSHNET HOLDINGS CORP (GOLF) stock?
ACUSHNET HOLDINGS CORP (GOLF) has a support level at 79.43 and a resistance level at 81.83. Check the full technical report for our detailed analysis of GOLF support and resistance levels.