ACUSHNET HOLDINGS CORP (GOLF) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:GOLF • US0050981085
Overall GOLF gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GOLF is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GOLF is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, GOLF also shows a nice and consistent pattern of rising prices.
- GOLF is part of the Leisure Products industry. There are 31 other stocks in this industry. GOLF outperforms 90% of them.
- GOLF is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GOLF has a been trading in the 87.46 - 104.81 range, which is quite wide. It is currently trading near the high of this range.
Although GOLF has an excellent technical rating, it does not offer a high 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
60.82
We found 5 important support areas.
- Support @85.74 from a trend line in the weekly time frame.
- A support zone ranging from 80.67 to 81.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @77.55 from a horizontal line in the daily time frame.
- Support @74.88 from a horizontal line in the daily time frame.
- Support @61.43 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for GOLF is up. |
| ChartMill Relative Strength | 90.55 | POSITIVE | GOLF has a high relative strength, it outperformed 90.55% 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) | 73.39 | OVERBOUGHT | The high RSI value suggests GOLF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests GOLF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.11 | OVERBOUGHT | The high Stochastics value suggests GOLF may be overbought. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for GOLF suggests some volalility. |
| Average Directional Index/ADX (14) | 48.97 | POSITIVE | The high ADX value value for GOLF suggests a strong trend. |
102.33
-0.96 (-0.93%)
ACUSHNET HOLDINGS CORP / GOLF FAQ
What is the technical rating for GOLF stock?
ChartMill assigns a technical rating of 10 / 10 to GOLF.
What is the current trend direction of ACUSHNET HOLDINGS CORP (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 73.3935. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ACUSHNET HOLDINGS CORP?
The MACD indicator for ACUSHNET HOLDINGS CORP (GOLF) has a value of 0.47505, indicating a bearish trend.
Can you provide the buy/sell signal for ACUSHNET HOLDINGS CORP?
The buy/sell signal for ACUSHNET HOLDINGS CORP (GOLF) is buy as both the short term and long term trends are positive.