GRACO INC (GGG)
US3841091040 - Common Stock
Taking everything into account, GGG scores 8 out of 10 in our technical rating. Although GGG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month GGG has a been trading in the 80.49 - 91.40 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, GGG turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
GGG is an average performer in the Machinery industry, it outperforms 46% of 131 stocks in the same industry.
GGG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGG is lagging the market.
Volume is considerably higher in the last couple of days.
Although GGG has an excellent technical rating, the quality of the presented setup is not ideal 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
74.68
93.79
We found 6 important support areas.
- A support zone ranging from 88.84 to 89.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 85.67 to 86.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 82.40 to 82.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @80.20 from a horizontal line in the daily time frame.
- A support zone ranging from 77.82 to 78.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @75.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @92.86 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
CRS57.63
Mansfield-0.65
10 Day High91.4
10 Day Low86.78
20 Day High91.4
20 Day Low80.49
52 Week High94.77
52 Week Low77.49
Performance
1 Week0.48%
2 Weeks2.33%
1 Month8.82%
3 Month8.9%
6 Month9.97%
12 Month9.97%
2 Year28.05%
3 Year22.93%
5 Year85.47%
10 Year11.86%
15 Year218.07%
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)0.27
RSI(14)62.16
LBB84.34
UBB91.75
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 |
|---|---|---|---|
| 92.87 | 88.83 | 4.04 (4.35%) | 22.99% |
| An entry @92.87. This is a Buy Stop order right above the resistance zone. | An exit @88.83. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.04 points, which is 4.35%. | When investing 22.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
GRACO INC
NYSE:GGG (11/21/2024, 8:04:00 PM)
After market: 89.6 0 (0%)89.6
+1.08 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.22%
1 Week0.48%
2 Weeks2.33%
1 Month8.82%
3 Month8.9%
6 Month9.97%
12 Month9.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.81
ATR(20)%1.84%
ATR Inc
Range Today1.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High91.4
10 Day Low86.78
20 Day High91.4
20 Day Low80.49
52 Week High94.77
52 Week Low77.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume521.20K
Volume Incr66.88%
Vol(5)1.30M
Vol(50)783.07K