ACUSHNET HOLDINGS CORP (GOLF) Technical Analysis
NYSE:GOLF • US0050981085
Current stock price
GOLF Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to GOLF. In the last year, GOLF was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that GOLF is one of the better performing stocks in the market, outperforming 79% 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 83% 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 91.05 - 103.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOLF Weekly and Daily overview Charts
GOLF Setup Rating and Analysis
GOLF has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
GOLF Support and Resistance Analysis
60.82
We found 5 important support areas.
- A support zone ranging from 94.08 to 95.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @92.40 from a trend line in the weekly time frame.
- A support zone ranging from 89.33 to 89.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.83 from a horizontal line in the daily time frame.
- Support @61.43 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 96.54 to 98.02. 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 102.33 to 103.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
GOLF Technical Indicator Signal Analysis
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 | 79.34 | POSITIVE | GOLF has a high relative strength, it outperformed 79.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GOLF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOLF is below a declining 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) | 45.36 | NEUTRAL | The RSI value for GOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests GOLF has a negative trend. |
| Stochastics (14,3) | 16.89 | OVERSOLD | The low Stochastics value suggests GOLF may be oversold. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for GOLF suggests some volalility. |
| Average Directional Index/ADX (14) | 17.44 | NEGATIVE | The low ADX value for GOLF suggests a weak or negative trend. |
GOLF Chart- and CandleStick Pattern Analysis
GOLF Technicals: Chart, Performance Metrics, Trend & Indicators
95.34
-1.98 (-2.03%)
ACUSHNET HOLDINGS CORP / GOLF TA FAQ
What is the technical rating for GOLF stock?
ChartMill assigns a technical rating of 7 / 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.
What is the RSI signal for GOLF stock?
ACUSHNET HOLDINGS CORP (GOLF) has an RSI value of 45.3559. This indicates that the stock is currently neutral.
What is the short term momentum for GOLF stock?
The short term momentum for ACUSHNET HOLDINGS CORP (GOLF) is neutral.
What are the support and resistance levels for ACUSHNET HOLDINGS CORP (GOLF) stock?
ACUSHNET HOLDINGS CORP (GOLF) has a support level at 95.17 and a resistance level at 96.54. Check the full technical report for our detailed analysis of GOLF support and resistance levels.