GORMAN-RUPP CO (GRC) Stock Technical Analysis
USA - NYSE:GRC - US3830821043 - Common Stock
We assign a technical rating of 5 out of 10 to GRC. In the last year, GRC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
GRC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 44.65, a Stop Loss order could be placed below this zone.
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32.22
When analyzing the support we can see 4 important areas.
- A support zone ranging from 44.17 to 44.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.85 from a horizontal line in the daily time frame.
- Support @39.40 from a trend line in the weekly time frame.
- Support @32.55 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.80 to 45.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for GRC is neutral. |
| ChartMill Relative Strength | 67.19 | NEUTRAL | GRC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GRC is below 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) | 43.92 | NEUTRAL | The RSI value for GRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests GRC has a negative trend. |
| Stochastics (14,3) | 17.51 | OVERSOLD | The low Stochastics value suggests GRC may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for GRC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for GRC suggests a possible start of a new trend. |
44.66
-0.91 (-2%)
GORMAN-RUPP CO / GRC FAQ
What is the technical rating for GRC stock?
ChartMill assigns a technical rating of 5 / 10 to GRC.
Can you provide the trend direction for GORMAN-RUPP CO?
The current trend direction for GORMAN-RUPP CO (GRC) is Bullish.
What is the RSI signal for GORMAN-RUPP CO (GRC) stock?
GORMAN-RUPP CO (GRC) has an RSI value of 43.916. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GORMAN-RUPP CO?
The MACD indicator for GORMAN-RUPP CO (GRC) has a value of -0.347157, indicating a bearish trend.
What is the short term momentum for GORMAN-RUPP CO (GRC) stock?
The short term momentum for GORMAN-RUPP CO (GRC) is neutral.