GORMAN-RUPP CO (GRC) Technical Analysis
NYSE:GRC • US3830821043
Current stock price
64.03 USD
+1.9 (+3.06%)
At close:
64.03 USD
0 (0%)
After Hours:
GRC Technical Rating and Analysis
Taking everything into account, GRC scores 9 out of 10 in our technical rating. In the last year, GRC was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, GRC did better than 92% of all other stocks. We also observe that the gains produced by GRC over the past year are nicely spread over this period.
- GRC is part of the Machinery industry. There are 131 other stocks in this industry. GRC outperforms 90% of them.
- GRC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GRC is performing more or less in line with the market.
- In the last month GRC has a been trading in the 56.98 - 65.06 range, which is quite wide. It is currently trading near the high of this range.
GRC Weekly and Daily overview Charts
GRC Setup Rating and Analysis
Besides having an excellent technical rating, GRC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
GRC Support and Resistance Analysis
32.27
68.07
5 important support areas can be observed.
- Support @63.51 from a trend line in the daily time frame.
- A support zone ranging from 59.07 to 61.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @50.63 from a trend line in the daily time frame.
- Support @32.60 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @65.32 from a horizontal line in the daily time frame.
- A resistance zone ranging from 67.40 to 67.40. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for GRC is neutral. |
| ChartMill Relative Strength | 92.18 | POSITIVE | GRC has a high relative strength, it outperformed 92.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GRC is above a declining 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) | 56.94 | NEUTRAL | The RSI value for GRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GRC has a positive trend. |
| Stochastics (14,3) | 64.84 | NEUTRAL | The Stochastics value for GRC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for GRC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for GRC suggests a weak or negative trend. |
GRC Chart- and CandleStick Pattern Analysis
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)
GRC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 65.33 | 63.50 | 1.83 (2.80%) | 25.00% |
| An entry @65.33. This is a Buy Stop order right above the resistance zone. | An exit @63.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.83 points, which is 2.80%. | For a 0.70% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GRC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GRC Technicals: Chart, Performance Metrics, Trend & Indicators
64.03
+1.9 (+3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg3.06%
1 Week-0.14%
2 Weeks5.75%
1 Month-1.37%
3 Month33.01%
6 Month34.83%
12 Month96.53%
2 Year93.04%
3 Year160.82%
5 Year85.49%
10 Year126.33%
15 Year97.87%
Volatility
ATR(14)2.61
ATR(20)%4.16%
ATR Inc2.58%
Range Today2.25
ADR(20)2.46
ADR(20)%3.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.18
3 months CRS94.97
6 months CRS92.83
Mansfield3.69
10 Day High65.01
10 Day Low58.26
20 Day High65.06
20 Day Low56.98
52 Week High68.02
52 Week Low30.87
CS1 End63.51
CR1 Start65.32
Volume & EV
DER(3)-0.11%
DER(5)-0.61%
Volume111.50K
Volume Incr-29.46%
Vol(5)121.32K
Vol(50)148.94K
GORMAN-RUPP CO / GRC TA FAQ
What is the technical rating for GRC stock?
ChartMill assigns a technical rating of 9 / 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 56.9424. 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 neutral.