ACUSHNET HOLDINGS CORP (GOLF) Stock Technical Analysis
NYSE:GOLF - New York Stock Exchange, Inc. - US0050981085 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to GOLF. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GOLF is only an average performer.
The long and short term trends are both positive. This is looking good!
GOLF is part of the Leisure Products industry. There are 30 other stocks in this industry. GOLF outperforms 79% of them.
GOLF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GOLF is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that GOLF is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month GOLF has a been trading in the 67.14 - 74.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOLF has an excellent technical rating, but the quality of the setup is only medium 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
60.29
74.95
3 important support areas can be observed.
- A support zone ranging from 68.08 to 68.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.16 from a horizontal line in the daily time frame.
- A support zone ranging from 60.90 to 61.43. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 71.20 to 72.08. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for GOLF is up. |
| ChartMill Relative Strength | 71.18 | POSITIVE | GOLF has a high relative strength, it outperformed 71.18% off all stocks 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) | 53.03 | 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) | 54.6 | NEUTRAL | The Stochastics value for GOLF is a neutral value. |
| 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) | 27.59 | 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)
70.82
-1.42 (-1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-1.97%
1 Week-3.24%
2 Weeks1.78%
1 Month-1.52%
3 Month7.92%
6 Month1.29%
12 Month8.52%
2 Year29.52%
3 Year69.91%
5 Year103.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.74
ATR(20)%2.58%
ATR Inc39.03%
Range Today1.81
ADR(20)1.65
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.18
Mansfield0.14
10 Day High74.21
10 Day Low69.3
20 Day High74.21
20 Day Low67.14
52 Week High76.65
52 Week Low55.31
CS1 End68.24
CR1 Start71.2
Volume & EV
DER(3)-3.19%
DER(5)-1.96%
Volume320.50K
Volume Incr-13.47%
Vol(5)312.96K
Vol(50)443.36K