GORMAN-RUPP CO (GRC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GRC - US3830821043 - Common Stock
Overall GRC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GRC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GRC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
32.22
3 important support areas can be observed.
- A support zone ranging from 44.47 to 46.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.55 from a horizontal line in the daily time frame.
- Support @32.55 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for GRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GRC is up. |
| ChartMill Relative Strength | 83.62 | POSITIVE | GRC has a high relative strength, it outperformed 83.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.33 | OVERBOUGHT | The high RSI value suggests GRC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests GRC has a positive trend. |
| Stochastics (14,3) | 94.59 | OVERBOUGHT | The high Stochastics value suggests GRC may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for GRC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for GRC suggests a possible start of a new trend. |
49.58
+0.32 (+0.65%)
GORMAN-RUPP CO / GRC FAQ
What is the technical rating for GRC stock?
ChartMill assigns a technical rating of 10 / 10 to GRC.
Can you provide the trend direction for GORMAN-RUPP CO?
The current trend direction for GORMAN-RUPP CO (GRC) is Bullish.
What is the RSI signal for GORMAN-RUPP CO (GRC) stock?
GORMAN-RUPP CO (GRC) has an RSI value of 72.3287. This indicates that the stock is currently overbought.
Can you provide the MACD signal for GORMAN-RUPP CO?
The MACD indicator for GORMAN-RUPP CO (GRC) has a value of 0.439216, indicating a bearish trend.
What is the short term momentum for GORMAN-RUPP CO (GRC) stock?
The short term momentum for GORMAN-RUPP CO (GRC) is positive.