GRAPHIC PACKAGING HOLDING CO (GPK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GPK - US3886891015 - Common Stock
Taking everything into account, GPK scores 1 out of 10 in our technical rating. GPK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GPK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 16.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.52, a Stop Loss order could be placed below this zone.
More info and screens
15.23
When analyzing the support we notice one important area.
- A support zone ranging from 15.38 to 15.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.18 to 16.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.04 from a trend line in the daily time frame.
- Resistance @23.55 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GPK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GPK is down. |
| ChartMill Relative Strength | 10.34 | NEGATIVE | GPK has a low relative strength, it was outperformed by 89.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GPK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GPK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GPK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.81 | NEUTRAL | The RSI value for GPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GPK has a positive trend. |
| Stochastics (14,3) | 56.22 | NEUTRAL | The Stochastics value for GPK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for GPK suggests some volalility. |
| Average Directional Index/ADX (14) | 25.44 | POSITIVE | The high ADX value value for GPK suggests a strong trend. |
15.53
+0.15 (+0.98%)
GRAPHIC PACKAGING HOLDING CO / GPK FAQ
What is the technical rating for GPK stock?
ChartMill assigns a technical rating of 1 / 10 to GPK.
Can you provide the trend direction for GRAPHIC PACKAGING HOLDING CO?
The current trend direction for GRAPHIC PACKAGING HOLDING CO (GPK) is Bearish.
What is the RSI signal for GPK stock?
GRAPHIC PACKAGING HOLDING CO (GPK) has an RSI value of 45.8149. This indicates that the stock is currently neutral.
What is the short term momentum for GPK stock?
The short term momentum for GRAPHIC PACKAGING HOLDING CO (GPK) is negative.
What is the buy/sell signal for GRAPHIC PACKAGING HOLDING CO (GPK) stock?
The buy/sell signal for GRAPHIC PACKAGING HOLDING CO (GPK) is sell as both the short term and long term trends are negative.