ACUSHNET HOLDINGS CORP (GOLF) Stock Technical Analysis
USA - NYSE:GOLF - US0050981085 - Common Stock
Overall GOLF gets a technical rating of 5 out of 10. In the last year, GOLF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, GOLF does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 79.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
60.82
3 important support areas can be observed.
- A support zone ranging from 77.88 to 79.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.90 to 75.68. 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 3 important resistance areas.
- Resistance @80.28 from a horizontal line in the daily time frame.
- Resistance @82.34 from a horizontal line in the weekly time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for GOLF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOLF is neutral. |
| ChartMill Relative Strength | 68.85 | NEUTRAL | GOLF is not amongst the best or worst performers 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) | 52.86 | NEUTRAL | The RSI value for GOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests GOLF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.94 | NEUTRAL | The Stochastics value for GOLF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for GOLF suggests some volalility. |
| Average Directional Index/ADX (14) | 16.01 | NEGATIVE | The low ADX value for GOLF suggests a weak or negative trend. |
79.65
+2.05 (+2.64%)
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 Bearish.
Can you provide the RSI signal for ACUSHNET HOLDINGS CORP?
ACUSHNET HOLDINGS CORP (GOLF) has an RSI value of 52.8609. 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 -0.284456, 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 79.46 and a resistance level at 80.28. Check the full technical report for our detailed analysis of GOLF support and resistance levels.