GRAPHIC PACKAGING HOLDING CO (GPK) Technical Analysis
NYSE:GPK • US3886891015
Current stock price
GPK Technical Rating and Analysis
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GPK is a bad performer in the overall market: 96% of all stocks are doing better.
- GPK is part of the Containers & Packaging industry. There are 21 other stocks in this industry, of which 100% 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.
- GPK has an average volume of 7111850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month GPK has a been trading in the 8.97 - 10.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GPK Weekly and Daily overview Charts
GPK Setup Rating and Analysis
Although the technical rating is bad, GPK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.71, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GPK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GPK Support and Resistance Analysis
9.40
When analyzing the support we notice one important area.
- A support zone ranging from 9.49 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.85 to 9.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.89 from a trend line in the daily time frame.
- Resistance @12.42 from a trend line in the daily time frame.
GPK 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 | 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 | 4.76 | NEGATIVE | GPK has a low relative strength, it was outperformed by 95.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GPK is above 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) | 45.36 | NEUTRAL | The RSI value for GPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests GPK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.65 | NEUTRAL | The Stochastics value for GPK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for GPK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for GPK suggests a weak or negative trend. |
GPK Chart- and CandleStick Pattern Analysis
GPK Technicals: Chart, Performance Metrics, Trend & Indicators
9.74
-0.2 (-2.01%)
GRAPHIC PACKAGING HOLDING CO / GPK TA FAQ
What is the technical rating for GPK stock?
ChartMill assigns a technical rating of 1 / 10 to GPK.
What is the trend direction for GPK stock?
The current trend direction for GRAPHIC PACKAGING HOLDING CO (GPK) is Bearish.
What is the RSI signal for GRAPHIC PACKAGING HOLDING CO (GPK) stock?
GRAPHIC PACKAGING HOLDING CO (GPK) has an RSI value of 45.3639. This indicates that the stock is currently neutral.
What is the MACD signal for GPK stock?
The MACD indicator for GRAPHIC PACKAGING HOLDING CO (GPK) has a value of 0.131232, indicating a bearish trend.
What are the support and resistance levels for GRAPHIC PACKAGING HOLDING CO (GPK) stock?
GRAPHIC PACKAGING HOLDING CO (GPK) has a support level at 9.71 and a resistance level at 9.85. Check the full technical report for our detailed analysis of GPK support and resistance levels.