GLOBALFOUNDRIES INC (GFS) Stock Technical Analysis
NASDAQ:GFS - Nasdaq - KYG393871085 - Common Stock - Currency: USD
Overall GFS gets a technical rating of 4 out of 10. GFS has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
75% 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. Certainly not because the S&P500 Index is trading near new highs.
In the last month GFS has a been trading in the 36.27 - 44.50 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GFS has an average volume of 1817950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
GFS is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, GFS did better than 45% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GFS has an average technical rating and it also 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.
More info and screens
37.35
50.72
3 important support areas can be observed.
- A support zone ranging from 40.39 to 41.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @38.44 from a horizontal line in the weekly time frame.
- Support @37.73 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @44.89 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.29 to 46.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @48.14 from a trend line in the weekly time frame.
- Resistance @50.22 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.27
Mansfield-1.38
10 Day High43.6
10 Day Low36.27
20 Day High44.5
20 Day Low36.27
52 Week High61.98
52 Week Low35.85
Performance
1 Week7.32%
2 Weeks5.24%
1 Month5.78%
3 Month5.47%
6 Month-4.56%
12 Month-18.42%
2 Year-33.35%
3 Year-28.35%
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)0.09
RSI(14)59.96
LBB37.72
UBB43.61
GLOBALFOUNDRIES INC
NASDAQ:GFS (2/13/2025, 3:54:09 PM)
42.77
-0.78 (-1.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.79%
1 Week7.32%
2 Weeks5.24%
1 Month5.78%
3 Month5.47%
6 Month-4.56%
12 Month-18.42%
2 Year-33.35%
3 Year-28.35%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.76
ATR(20)%3.93%
ATR Inc188.2%
Range Today2.39
ADR(20)1.56
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.27
Mansfield-1.38
10 Day High43.6
10 Day Low36.27
20 Day High44.5
20 Day Low36.27
52 Week High61.98
52 Week Low35.85
CS1 End41.1
CR1 Start44.89
Volume & EV
DER(3)5.66%
DER(5)3.35%
Volume3.03M
Volume Incr165.56%
Vol(5)4.39M
Vol(50)1.82M