GABELLI HEALTHCARE & WELL (GRX)
US36246K1034
Overall GRX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GRX is one of the better performing stocks in the market, outperforming 80% of all stocks.
GRX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
GRX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
In the last month GRX has a been trading in a tight range between 10.58 and 11.20.
Besides having an excellent technical rating, GRX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.08, a Stop Loss order could be placed below this zone.
More info and screens
8.94
11.24
We found 7 important support areas.
- A support zone ranging from 10.96 to 11.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.12 from a horizontal line in the daily time frame.
- Support @9.86 from a trend line in the weekly time frame.
- Support @9.67 from a horizontal line in the daily time frame.
- Support @9.50 from a trend line in the daily time frame.
- A support zone ranging from 9.34 to 9.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.03 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.08 to 11.13. 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
CRS80.7
Mansfield0.35
10 Day High11.2
10 Day Low10.68
20 Day High11.2
20 Day Low10.58
52 Week High11.2
52 Week Low7.73
Performance
1 Week0.41%
2 Weeks-0.13%
1 Month4.37%
3 Month16.77%
6 Month13.2%
12 Month22.03%
2 Year16.89%
3 Year-15.93%
5 Year6.57%
10 Year12.06%
15 Year86.64%
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)-0.02
RSI(14)68.5
LBB10.94
UBB11.16
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 |
|---|---|---|---|
| 11.14 | 10.95 | 0.19 (1.71%) | 25.00% |
| An entry @11.14. This is a Buy Stop order right above the resistance zone. | An exit @10.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 1.71%. | For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GRX. Please evaluate whether better entry and exit points can be found.
- 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.
GABELLI HEALTHCARE & WELL
NYSE:GRX (9/16/2024, 2:26:29 PM)
11.07
+0.12 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.1%
1 Week0.41%
2 Weeks-0.13%
1 Month4.37%
3 Month16.77%
6 Month13.2%
12 Month22.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%1.13%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.2
10 Day Low10.68
20 Day High11.2
20 Day Low10.58
52 Week High11.2
52 Week Low7.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.56K
Volume Incr-27.68%
Vol(5)20.34K
Vol(50)33.85K