GORMAN-RUPP CO (GRC) Stock Technical Analysis
NYSE:GRC - New York Stock Exchange, Inc. - US3830821043 - Common Stock - Currency: USD
Overall GRC gets a technical rating of 8 out of 10. Although GRC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
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 36.41 - 41.90 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, GRC turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
GRC is part of the Machinery industry. There are 127 other stocks in this industry, GRC did better than 50% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GRC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
32.22
42.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.01 to 38.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.32 to 37.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.55 to 33.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 60.8 | NEUTRAL | GRC is not amongst the best or worst performers 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) | 75.07 | OVERBOUGHT | The high RSI value suggests GRC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests GRC has a positive trend. |
| Stochastics (14,3) | 81.64 | OVERBOUGHT | The high Stochastics value suggests GRC may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for GRC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for GRC 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)
41.62
+0.62 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.51%
1 Week12.21%
2 Weeks11.46%
1 Month12.24%
3 Month12.94%
6 Month8.44%
12 Month6.77%
2 Year31.29%
3 Year35.57%
5 Year37.54%
10 Year62.32%
15 Year73.76%
Volatility
ATR(14)0.93
ATR(20)%2.25%
ATR Inc218.7%
Range Today1.04
ADR(20)0.84
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.8
Mansfield0.05
10 Day High41.9
10 Day Low36.41
20 Day High41.9
20 Day Low36.41
52 Week High43.79
52 Week Low30.87
CS1 End38.17
CR1 StartN/A
Volume & EV
DER(3)-2.83%
DER(5)-1.67%
Volume93.30K
Volume Incr26.43%
Vol(5)70.60K
Vol(50)56.09K