GUARDIAN PHRMCY SERVICES-A (GRDN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GRDN - US40145W1018 - Common Stock
Overall GRDN gets a technical rating of 8 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, GRDN is showing a nice and steady performance.
Besides having an excellent technical rating, GRDN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 29.55, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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19.95
When analyzing the support we can see 5 important areas.
- A support zone ranging from 29.06 to 29.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 27.55 to 28.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.85 to 27.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.20 from a trend line in the weekly time frame.
- Support @20.15 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @30.19 from a horizontal line in the weekly time frame.
- Resistance @31.55 from a horizontal line 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 GRDN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRDN is up. |
| ChartMill Relative Strength | 81.38 | POSITIVE | GRDN has a high relative strength, it outperformed 81.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GRDN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRDN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRDN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.25 | NEUTRAL | The RSI value for GRDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GRDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.14 | OVERBOUGHT | The high Stochastics value suggests GRDN may be overbought. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for GRDN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.85 | POSITIVE | The high ADX value value for GRDN suggests a strong trend. |
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 |
|---|---|---|---|
| 30.20 | 29.05 | 1.15 (3.81%) | 25.00% |
| An entry @30.20. This is a Buy Stop order right above the resistance zone. | An exit @29.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.15 points, which is 3.81%. | For a 0.95% 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 GRDN. 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.
30.18
-0.99 (-3.18%)
GUARDIAN PHRMCY SERVICES-A / GRDN FAQ
Can you provide the ChartMill technical rating for GUARDIAN PHRMCY SERVICES-A?
ChartMill assigns a technical rating of 8 / 10 to GRDN.
Can you provide the trend direction for GUARDIAN PHRMCY SERVICES-A?
The current trend direction for GUARDIAN PHRMCY SERVICES-A (GRDN) is Bullish.
Can you provide the RSI signal for GUARDIAN PHRMCY SERVICES-A?
GUARDIAN PHRMCY SERVICES-A (GRDN) has an RSI value of 57.2499. This indicates that the stock is currently neutral.
What is the MACD signal for GRDN stock?
The MACD indicator for GUARDIAN PHRMCY SERVICES-A (GRDN) has a value of 0.0770668, indicating a bearish trend.
What is the support and resistance level for GRDN stock?
GUARDIAN PHRMCY SERVICES-A (GRDN) has a support level at 29.55 and a resistance level at 30.19. Check the full technical report for our detailed analysis of GRDN support and resistance levels.