ACUSHNET HOLDINGS CORP (GOLF) Stock Technical Analysis
NYSE:GOLF - New York Stock Exchange, Inc. - US0050981085 - Common Stock - Currency: USD
Taking everything into account, GOLF scores 6 out of 10 in our technical rating. GOLF has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
GOLF is part of the Leisure Products industry. There are 30 other stocks in this industry. GOLF outperforms 82% of them.
GOLF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, GOLF did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GOLF 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 GOLF is lagging the market slightly.
GOLF has an average technical rating and the quality of the presented setup is also not ideal 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
59.12
74.95
When analyzing the support we can see 4 important areas.
- A support zone ranging from 68.34 to 68.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @64.16 from a horizontal line in the daily time frame.
- Support @61.43 from a horizontal line in the weekly time frame.
- A support zone ranging from 59.72 to 60.38. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @71.85 from a trend line in the daily time frame.
- A resistance zone ranging from 74.21 to 74.21. 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 GOLF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOLF is neutral. |
| ChartMill Relative Strength | 73.47 | POSITIVE | GOLF has a high relative strength, it outperformed 73.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOLF is above the rising 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) | 52.57 | NEUTRAL | The RSI value for GOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests GOLF has a negative trend. |
| Stochastics (14,3) | 53.3 | NEUTRAL | The Stochastics value for GOLF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for GOLF suggests some volalility. |
| Average Directional Index/ADX (14) | 32.37 | POSITIVE | The high ADX value value for GOLF suggests a strong 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)
68.35
-0.64 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.93%
1 Week-5.17%
2 Weeks0.75%
1 Month10.08%
3 Month3.84%
6 Month-5.02%
12 Month6.05%
2 Year52.7%
3 Year67.94%
5 Year104.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%3.04%
ATR Inc-20.25%
Range Today1.6
ADR(20)1.9
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.47
Mansfield0.08
10 Day High72.57
10 Day Low67.17
20 Day High72.57
20 Day Low62.02
52 Week High76.65
52 Week Low55.31
CS1 End68.35
CR1 Start71.85
Volume & EV
DER(3)0.52%
DER(5)0.48%
Volume375.80K
Volume Incr-30.79%
Vol(5)325.86K
Vol(50)492.95K