GRAPHIC PACKAGING HOLDING CO (GPK) Stock Technical Analysis
NYSE:GPK - New York Stock Exchange, Inc. - US3886891015 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GPK. GPK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GPK is a bad performer in the overall market: 85% of all stocks are doing better.
GPK is part of the Containers & Packaging industry. There are 22 other stocks in this industry, of which 95% are performing better than GPK.
GPK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GPK has a been trading in the 21.41 - 23.76 range, which is quite wide. It is currently trading near the lows of this range.
GPK has an average volume of 3494950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
GPK has a poor technical rating and the quality of the setup is also 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
20.23
24.26
We found 3 important support areas.
- Support @21.37 from a horizontal line in the daily time frame.
- A support zone ranging from 21.02 to 21.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.43 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.12 to 22.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.32 to 24.02. 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 | DOWN | NEGATIVE | The long term trend for GPK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPK is down. |
| ChartMill Relative Strength | 15.55 | NEGATIVE | GPK has a low relative strength, it was outperformed by 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GPK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GPK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.06 | NEUTRAL | The RSI value for GPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests GPK has a negative trend. |
| Stochastics (14,3) | 17.86 | OVERSOLD | The low Stochastics value suggests GPK may be oversold. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for GPK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.9 | NEUTRAL | The ADX value for GPK suggests a possible start of a new 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)
21.96
+0.48 (+2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg2.23%
1 Week-5.06%
2 Weeks-2.27%
1 Month0.92%
3 Month-1.48%
6 Month-16.94%
12 Month-22.07%
2 Year-1.26%
3 Year-1.39%
5 Year57.08%
10 Year55.74%
15 Year620%
Volatility
ATR(14)0.64
ATR(20)%2.76%
ATR Inc33.75%
Range Today0.57
ADR(20)0.6
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
Mansfield-2.25
10 Day High23.76
10 Day Low21.41
20 Day High23.76
20 Day Low21.41
52 Week High30.7
52 Week Low20.86
CS1 End21.37
CR1 Start22.12
Volume & EV
DER(3)1.09%
DER(5)1.37%
Volume2.10M
Volume Incr94.24%
Vol(5)5.83M
Vol(50)3.49M