GRIFOLS SA-ADR (GRFS) Stock Technical Analysis
NASDAQ:GRFS - Nasdaq - US3984384087 - ADR - Currency: USD
Taking everything into account, GRFS scores 2 out of 10 in our technical rating. Although GRFS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
GRFS is one of the better performing stocks in the Biotechnology industry, it outperforms 84% of 566 stocks in the same industry.
In the last month GRFS has a been trading in the 6.19 - 7.56 range, which is quite wide. It is currently trading near the high of this range.
GRFS has an average volume of 1158110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GRFS is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GRFS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, GRFS 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 7.22. Right above this resistance zone may be a good entry point.
More info and screens
6.42
8.81
When analyzing the support we can see 2 important areas.
- Support @6.69 from a trend line in the weekly time frame.
- Support @6.48 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.22 to 7.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.28 to 8.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.72 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
CRS81.15
Mansfield-0.56
10 Day High7.35
10 Day Low6.84
20 Day High7.56
20 Day Low6.19
52 Week High9.96
52 Week Low5.79
Performance
1 Week2%
2 Weeks5.77%
1 Month-1.65%
3 Month3.77%
6 Month-19.12%
12 Month8.83%
2 Year-4.16%
3 Year-33.36%
5 Year-64.78%
10 Year-55.05%
15 YearN/A
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)0.06
RSI(14)49.11
LBB6.53
UBB7.43
7.15
-0.06 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.83%
1 Week2%
2 Weeks5.77%
1 Month-1.65%
3 Month3.77%
6 Month-19.12%
12 Month8.83%
2 Year-4.16%
3 Year-33.36%
5 Year-64.78%
10 Year-55.05%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.83%
ATR Inc-52.36%
Range Today0.17
ADR(20)0.31
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.15
Mansfield-0.56
10 Day High7.35
10 Day Low6.84
20 Day High7.56
20 Day Low6.19
52 Week High9.96
52 Week Low5.79
CS1 End6.69
CR1 Start7.22
Volume & EV
DER(3)1.95%
DER(5)0.43%
Volume967.80K
Volume Incr24.84%
Vol(5)1.26M
Vol(50)1.16M