ACUSHNET HOLDINGS CORP (GOLF) Stock Technical Analysis
NYSE:GOLF - US0050981085 - Common Stock
79.25 USD
-0.25 (-0.31%)
79.25 USD
0 (0%)
Taking everything into account, GOLF scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, GOLF did better than 78% of all other stocks.
GOLF is part of the Leisure Products industry. There are 31 other stocks in this industry. GOLF outperforms 73% of them.
GOLF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GOLF is lagging the market slightly.
In the last month GOLF has a been trading in the 73.10 - 82.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GOLF has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 78.50, a Stop Loss order could be placed below this zone.
More info and screens
60.82
80.04
We found 2 important support areas.
- A support zone ranging from 74.88 to 78.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.43 to 62.21. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for GOLF is neutral. |
| ChartMill Relative Strength | 78.5 | POSITIVE | GOLF has a high relative strength, it outperformed 78.5% 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) | 53.43 | NEUTRAL | The RSI value for GOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GOLF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.32 | NEUTRAL | The Stochastics value for GOLF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for GOLF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.64 | NEGATIVE | The low ADX value for GOLF suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 80.62 | 75.10 | 5.52 (6.85%) | 14.61% |
| An entry @80.62. This is a Buy Stop order right above the 10 day high. | An exit @75.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.52 points, which is 6.85%. | For a 1.00% total portfolio risk, you can invest 14.61% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
79.25
-0.25 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.31%
1 Week1.69%
2 Weeks5.84%
1 Month-2.99%
3 Month16.13%
6 Month23.25%
12 Month18.3%
2 Year35.35%
3 Year66.32%
5 Year124.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.4
ATR(20)%2.91%
ATR Inc-12.49%
Range Today1.02
ADR(20)2.17
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.5
Mansfield0.51
10 Day High80.61
10 Day Low75.11
20 Day High82.48
20 Day Low73.1
52 Week High84.4
52 Week Low55.31
CS1 End78.5
CR1 StartN/A
Volume & EV
DER(3)-1.78%
DER(5)-1.61%
Volume245.90K
Volume Incr-25.57%
Vol(5)321.52K
Vol(50)397.39K