GRIFOLS SA-ADR (GRFS) Stock Technical Analysis
USA - NASDAQ:GRFS - US3984384087 - ADR
10.02 USD
+0.05 (+0.5%)
10.02 USD
0 (0%)
We assign a technical rating of 7 out of 10 to GRFS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GRFS is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
GRFS 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 GRFS is lagging the market slightly.
In the last month GRFS has a been trading in the 9.62 - 10.23 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that GRFS is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GRFS is part of the Biotechnology industry. There are 536 other stocks in this industry, GRFS did better than 59% of them.
Besides having an excellent technical rating, GRFS also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.00, a Stop Loss order could be placed below this zone.
More info and screens
6.83
10.97
We found 2 important support areas.
- A support zone ranging from 9.58 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.90 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.70 to 10.86. 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 GRFS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRFS is up. |
| ChartMill Relative Strength | 70.51 | POSITIVE | GRFS has a high relative strength, it outperformed 70.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRFS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GRFS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.1 | NEUTRAL | The RSI value for GRFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GRFS has a positive trend. |
| Stochastics (14,3) | 68.25 | NEUTRAL | The Stochastics value for GRFS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for GRFS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for GRFS 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)
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 |
|---|---|---|---|
| 10.24 | 9.61 | 0.63 (6.20%) | 16.13% |
| An entry @10.24. This is a Buy Stop order right above the 10 day high. | An exit @9.61. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.63 points, which is 6.20%. | For a 1.00% total portfolio risk, you can invest 16.13% of your capital in this trade. |
- 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.
10.02
+0.05 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.5%
1 Week2.66%
2 Weeks2.04%
1 Month1.21%
3 Month10.35%
6 Month50.68%
12 Month12.33%
2 Year23.86%
3 Year58.8%
5 Year-40.99%
10 Year-42.43%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.19%
ATR Inc16.84%
Range Today0.29
ADR(20)0.18
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.51
Mansfield0.63
10 Day High10.23
10 Day Low9.62
20 Day High10.23
20 Day Low9.62
52 Week High11.14
52 Week Low6.19
CS1 End10
CR1 Start10.7
Volume & EV
DER(3)-1.36%
DER(5)0.08%
Volume702.50K
Volume Incr48.93%
Vol(5)729.92K
Vol(50)800.65K