We assign a technical rating of 9 out of 10 to GFI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GFI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
GFI is one of the better performing stocks in the Metals & Mining industry, it outperforms 78% of 150 stocks in the same industry.
GFI 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 GFI is performing more or less in line with the market.
GFI has an average volume of 2829550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GFI is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month GFI has a been trading in the 17.19 - 19.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.