Logo image of GAF

S&P Middle East & Africa ETF (GAF) Stock Technical Analysis

NYSEARCA:GAF - NYSE Arca -

62.83  -0.57 (-0.9%)

Technical Rating and Analysis

7

Overall GAF gets a technical rating of 7 out of 10. Although GAF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: GAF has an average volume of 1240 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
GAF is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so GAF slightly outperforms the market at the moment.
In the last month GAF has a been trading in the 57.51 - 63.50 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, GAF outperforms 55% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
S&P Middle East & Africa ETF / GAF Weekly stock chart
S&P Middle East & Africa ETF / GAF Daily stock chart
Setup Rating and Analysis

3

Although GAF has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

57.12

64.96

2 important support areas can be observed.

  • A support zone ranging from 58.72 to 61.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 57.70 to 57.74. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 64.32 to 64.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.55
Mansfield-0.15
10 Day High63.5
10 Day Low57.51
20 Day High63.5
20 Day Low57.51
52 Week High64.31
52 Week Low51.1
Performance
1 Week0.95%
2 Weeks7.83%
1 Month4.23%
3 Month2.33%
6 Month6.58%
12 Month2.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.46
RSI(14)60.78
LBB56.8
UBB64.75
S&P Middle East & Africa ETF / GAF Daily stock chart

S&P Middle East & Africa ETF

NYSEARCA:GAF (7/24/2017, 8:45:17 PM)

62.83

-0.57 (-0.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.9%
1 Week0.95%
2 Weeks7.83%
1 Month4.23%
3 Month2.33%
6 Month6.58%
12 Month2.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%1.39%
ATR Inc13.4%
Range Today1.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.55
Mansfield-0.15
10 Day High63.5
10 Day Low57.51
20 Day High63.5
20 Day Low57.51
52 Week High64.31
52 Week Low51.1
CS1 End61.66
CR1 Start64.32
Volume & EV
DER(3)0%
DER(5)0.54%
Volume3.00K
Volume Incr107.09%
Vol(5)2.92K
Vol(50)1.24K