GORMAN-RUPP CO (GRC) Technical Analysis
NYSE:GRC • US3830821043
Current stock price
GRC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to GRC. Both in the recent history as in the last year, GRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that GRC is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, GRC also shows a nice and consistent pattern of rising prices.
- GRC is one of the better performing stocks in the Machinery industry, it outperforms 89% of 131 stocks in the same industry.
- GRC 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 GRC is lagging the market slightly.
- In the last month GRC has a been trading in the 60.08 - 73.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
GRC Weekly and Daily overview Charts
GRC Setup Rating and Analysis
GRC has an excellent technical rating, but the quality of the setup is 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
GRC Support and Resistance Analysis
51.19
We found 4 important support areas.
- Support @63.18 from a trend line in the daily time frame.
- A support zone ranging from 61.28 to 62.10. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 57.69 to 57.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.71 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 68.46 to 68.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GRC 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 GRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRC is up. |
| ChartMill Relative Strength | 91.2 | POSITIVE | GRC has a high relative strength, it outperformed 91.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.23 | NEUTRAL | The RSI value for GRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests GRC has a negative trend. |
| Stochastics (14,3) | 41.81 | NEUTRAL | The Stochastics value for GRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for GRC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.34 | NEGATIVE | The low ADX value for GRC suggests a weak or negative trend. |
GRC Chart- and CandleStick Pattern Analysis
GRC Technicals: Chart, Performance Metrics, Trend & Indicators
66.21
-0.76 (-1.13%)
GORMAN-RUPP CO / GRC TA FAQ
What is the technical rating for GRC stock?
ChartMill assigns a technical rating of 10 / 10 to GRC.
What is the trend direction for GRC stock?
The current trend direction for GORMAN-RUPP CO (GRC) is Bullish.
Can you provide the RSI signal for GORMAN-RUPP CO?
GORMAN-RUPP CO (GRC) has an RSI value of 52.2275. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GORMAN-RUPP CO?
The short term momentum for GORMAN-RUPP CO (GRC) is positive.
What is the buy/sell signal for GRC stock?
The buy/sell signal for GORMAN-RUPP CO (GRC) is buy as both the short term and long term trends are positive.