GREYSTONE HOUSING IMPACT INV (GHI) Stock Technical Analysis
NYSE:GHI - New York Stock Exchange, Inc. - US02364V2060 - Currency: USD
Taking everything into account, GHI scores 6 out of 10 in our technical rating. In the past year, GHI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, GHI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GHI 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
11.85
When analyzing the support we notice one important area.
- A support zone ranging from 11.97 to 12.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.88 to 12.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.44 from a horizontal line in the weekly time frame.
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 |
|---|---|---|---|
| 12.99 | 12.10 | 0.89 (6.85%) | 14.60% |
| An entry @12.99. This is a Buy Stop order right above the resistance zone. | An exit @12.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.89 points, which is 6.85%. | For a 1.00% total portfolio risk, you can invest 14.60% of your capital in this trade. |
- 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.
NYSE:GHI (3/7/2025, 8:04:01 PM)
12.82
+0.01 (+0.08%)