ACUSHNET HOLDINGS CORP (GOLF) Technical Analysis
NYSE:GOLF • US0050981085
Current stock price
94.9 USD
+1.02 (+1.09%)
At close:
94.9 USD
0 (0%)
After Hours:
GOLF Technical Rating and Analysis
We assign a technical rating of 8 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 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 84% of all other stocks. We also observe that the gains produced by GOLF over the past year are nicely spread over this period.
- GOLF is one of the better performing stocks in the Leisure Products industry, it outperforms 87% of 32 stocks in the same industry.
- 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.
- In the last month GOLF has a been trading in the 88.33 - 97.32 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
Besides having an excellent technical rating, GOLF also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
GOLF Support and Resistance Analysis
60.82
104.32
6 important support areas can be observed.
- A support zone ranging from 92.96 to 93.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 89.33 to 91.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @87.25 from a trend line in the daily time frame.
- Support @81.83 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.
When analyzing the resistance we notice one important area.
- 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 | 84.68 | POSITIVE | GOLF has a high relative strength, it outperformed 84.68% 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 | MIXED | The current price of GOLF is below 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) | 51.94 | NEUTRAL | The RSI value for GOLF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests GOLF has a positive trend. |
| Stochastics (14,3) | 77.74 | NEUTRAL | The Stochastics value for GOLF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for GOLF suggests some volalility. |
| Average Directional Index/ADX (14) | 24.23 | NEUTRAL | The ADX value for GOLF suggests a possible start of a new trend. |
GOLF Chart- and CandleStick Pattern Analysis
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)
GOLF Example Setup
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 |
|---|---|---|---|
| 95.45 | 92.95 | 2.50 (2.62%) | 25.00% |
| An entry @95.45. This is a Buy Stop order right above the 10 day high. | An exit @92.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.50 points, which is 2.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of GOLF. Please evaluate whether better entry and exit points can be found.
- 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.
GOLF Technicals: Chart, Performance Metrics, Trend & Indicators
94.9
+1.02 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.09%
1 Week2.97%
2 Weeks6.24%
1 Month-0.68%
3 Month8.74%
6 Month21.76%
12 Month53.71%
2 Year55.62%
3 Year89.31%
5 Year124.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.94
ATR(20)%3.16%
ATR Inc1.16%
Range Today2.12
ADR(20)2.87
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.68
3 months CRS85.9
6 months CRS86.38
Mansfield1.47
10 Day High95.44
10 Day Low90.35
20 Day High97.32
20 Day Low88.33
52 Week High104.81
52 Week Low58.37
CS1 End93.35
CR1 Start102.33
Volume & EV
DER(3)0.07%
DER(5)0.87%
Volume160.00K
Volume Incr-37.7%
Vol(5)248.92K
Vol(50)359.68K
ACUSHNET HOLDINGS CORP / GOLF TA FAQ
What is the technical rating for GOLF stock?
ChartMill assigns a technical rating of 8 / 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 51.936. 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 93.35 and a resistance level at 102.33. Check the full technical report for our detailed analysis of GOLF support and resistance levels.