GLOBALFOUNDRIES INC (GFS) Stock Technical Analysis
NASDAQ:GFS - Nasdaq - KYG393871085 - Common Stock - Currency: USD
Overall GFS gets a technical rating of 0 out of 10. GFS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
79% of all other stocks performed better in the past year than GFS.
GFS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
GFS has an average volume of 2397570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GFS is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 57% of 109 stocks in the same industry.
In the last month GFS has a been trading in the 29.77 - 38.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GFS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for GFS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
31.21
46.75
When analyzing the support we notice one important area.
- A support zone ranging from 31.53 to 31.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 35.30 to 35.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.64 from a trend line in the weekly time frame.
- A resistance zone ranging from 41.02 to 41.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.94 from a trend line in the daily time frame.
- Resistance @45.12 from a horizontal line in the daily time frame.
- Resistance @46.29 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.22
Mansfield-1.64
10 Day High35.72
10 Day Low30.69
20 Day High38.04
20 Day Low29.77
52 Week High61.98
52 Week Low29.77
Performance
1 Week12.34%
2 Weeks5.7%
1 Month-4.5%
3 Month-15.05%
6 Month-3.82%
12 Month-28.5%
2 Year-40.08%
3 Year-32.63%
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)0.48
RSI(14)51.52
LBB29.9
UBB36.64
35.23
-0.06 (-0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.17%
1 Week12.34%
2 Weeks5.7%
1 Month-4.5%
3 Month-15.05%
6 Month-3.82%
12 Month-28.5%
2 Year-40.08%
3 Year-32.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.09
ATR(20)%6.45%
ATR Inc-58.86%
Range Today1.17
ADR(20)2
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.22
Mansfield-1.64
10 Day High35.72
10 Day Low30.69
20 Day High38.04
20 Day Low29.77
52 Week High61.98
52 Week Low29.77
CS1 End31.98
CR1 Start35.3
Volume & EV
DER(3)4.35%
DER(5)1.95%
Volume1.21M
Volume Incr-35.26%
Vol(5)1.67M
Vol(50)2.40M