GRAPHIC PACKAGING HOLDING CO (GPK) Stock Technical Analysis
NYSE:GPK - US3886891015 - Common Stock
22.73 USD
-0.31 (-1.35%)
22.73 USD
0 (0%)
Taking everything into account, GPK scores 2 out of 10 in our technical rating. In the past year, GPK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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 one of the lesser performing stocks in the Containers & Packaging industry. 80% of 22 stocks in the same industry do better.
GPK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
GPK has an average volume of 3560420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GPK has a been trading in the 21.41 - 23.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GPK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.23
23.79
4 important support areas can be observed.
- A support zone ranging from 22.23 to 22.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 one important area.
- A resistance zone ranging from 22.73 to 23.55. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for GPK is up. |
| ChartMill Relative Strength | 15.87 | NEGATIVE | GPK has a low relative strength, it was outperformed by 84.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GPK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GPK is above the rising 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) | 51.94 | NEUTRAL | The RSI value for GPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GPK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.25 | NEUTRAL | The Stochastics value for GPK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for GPK suggests some volalility. |
| Average Directional Index/ADX (14) | 11.55 | NEGATIVE | The low ADX value for GPK 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)
22.73
-0.31 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-1.35%
1 Week1.84%
2 Weeks2.02%
1 Month-1.73%
3 Month2.3%
6 Month-14.81%
12 Month-24.06%
2 Year2.2%
3 Year2.07%
5 Year62.59%
10 Year61.21%
15 Year645.25%
Volatility
ATR(14)0.52
ATR(20)%2.74%
ATR Inc-5.67%
Range Today0.43
ADR(20)0.6
ADR(20)%2.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.87
Mansfield-1.95
10 Day High23.47
10 Day Low22.21
20 Day High23.76
20 Day Low21.41
52 Week High30.7
52 Week Low20.86
CS1 End22.65
CR1 Start22.73
Volume & EV
DER(3)0.75%
DER(5)0.32%
Volume2.61M
Volume Incr-23.45%
Vol(5)3.08M
Vol(50)3.56M