GORMAN-RUPP CO (GRC) Stock Technical Analysis
NYSE:GRC • US3830821043
Overall GRC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GRC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that GRC is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, GRC also shows a nice and consistent pattern of rising prices.
- GRC is part of the Machinery industry. There are 130 other stocks in this industry. GRC outperforms 90% of them.
- GRC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- GRC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Besides having an excellent technical rating, GRC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
32.27
We found 4 important support areas.
- A support zone ranging from 64.51 to 64.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.81 from a trend line in the daily time frame.
- Support @48.78 from a trend line in the daily time frame.
- Support @32.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- 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.
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 | 92.71 | POSITIVE | GRC has a high relative strength, it outperformed 92.71% 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) | 67.15 | NEUTRAL | The RSI value for GRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests GRC has a negative trend. |
| Stochastics (14,3) | 76.63 | NEUTRAL | The Stochastics value for GRC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for GRC suggests some volalility. |
| Average Directional Index/ADX (14) | 54.01 | POSITIVE | The high ADX value value for GRC suggests a strong trend. |
64.52
-1.17 (-1.78%)
GORMAN-RUPP CO / GRC 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.
What is the RSI signal for GORMAN-RUPP CO (GRC) stock?
GORMAN-RUPP CO (GRC) has an RSI value of 67.1522. 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 -0.108237, indicating a bearish trend.
Can you provide the support and resistance levels for GORMAN-RUPP CO?
GORMAN-RUPP CO (GRC) has a support level at 64.51 and a resistance level at 67.4. Check the full technical report for our detailed analysis of GRC support and resistance levels.