GRACO INC (GGG) Stock Technical Analysis
NYSE:GGG - New York Stock Exchange, Inc. - US3841091040 - Common Stock - Currency: USD
Overall GGG gets a technical rating of 1 out of 10. GGG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
GGG is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so GGG is not an exception.
GGG is part of the Machinery industry. There are 128 other stocks in this industry. GGG outperforms 77% of them.
When compared to the yearly performance of all other stocks, GGG outperforms 44% of them, which is more or less in line with the market.
In the last month GGG has a been trading in the 72.06 - 85.18 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, GGG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 75.99, a Stop Loss order could be placed below this zone.
More info and screens
75.01
89.91
When analyzing the support we notice one important area.
- A support zone ranging from 75.77 to 75.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 77.32 to 77.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 80.34 to 83.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 84.68 to 86.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 87.54 to 89.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.26
Mansfield0.09
10 Day High80.82
10 Day Low72.06
20 Day High85.18
20 Day Low72.06
52 Week High92.86
52 Week Low72.06
Performance
1 Week-3.85%
2 Weeks1.15%
1 Month-6.73%
3 Month-10.74%
6 Month-6.7%
12 Month-7.17%
2 Year-3.34%
3 Year23.57%
5 Year71.61%
10 Year7.01%
15 Year120.99%
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)-0.05
RSI(14)37.72
LBB72.77
UBB84.76
76.64
-1.94 (-2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.47%
1 Week-3.85%
2 Weeks1.15%
1 Month-6.73%
3 Month-10.74%
6 Month-6.7%
12 Month-7.17%
2 Year-3.34%
3 Year23.57%
5 Year71.61%
10 Year7.01%
15 Year120.99%
Volatility
ATR(14)3.19
ATR(20)%3.53%
ATR Inc-42.5%
Range Today1.87
ADR(20)2.47
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.26
Mansfield0.09
10 Day High80.82
10 Day Low72.06
20 Day High85.18
20 Day Low72.06
52 Week High92.86
52 Week Low72.06
CS1 End75.99
CR1 Start77.32
Volume & EV
DER(3)0.25%
DER(5)-2.06%
Volume657.90K
Volume Incr-23.75%
Vol(5)809.22K
Vol(50)910.19K