RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GHM
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Graham Corporation stock price ended at $27.28 on Thursday, after gaining 1.34%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Nov 10, 2023 Gain 58.42% PDF

The Graham Corporation stock price gained 1.34% on the last trading day (Thursday, 28th Mar 2024), rising from $26.92 to $27.28. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.84% from a day low at $26.58 to a day high of $27.60. The price has risen in 8 of the last 10 days and is up by 11.35% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 232 thousand more shares were traded than the day before. In total, 284 thousand shares were bought and sold for approximately $7.76 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 39.83% during the next 3 months and, with a 90% probability hold a price between $36.55 and $40.28 at the end of this 3-month period.

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GHM Signals & Forecast

Mostly positive signals in the chart today. The Graham Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $26.33 and $24.37. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 22, 2024, and so far it has risen 19.75%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The stock had a Golden Star Signal on Monday, July 10, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, July 10, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Graham Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $24.77 and $24.20. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Graham Corporation finds support just below today's level at $24.77. If this is broken, then the next support from accumulated volume will be at $24.20 and $21.96.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.02 between high and low, or 3.84%. For the last week, the stock has had daily average volatility of 4.36%.

Our recommended stop-loss: $26.30 (-3.58%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 25 days ago.)

Trading Expectations (GHM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Graham Corporation to open at $27.15, and during the day (based on 14 day Average True Range), to move between $26.37 and $28.19, which gives a possible trading interval of +/-$0.91 (+/-3.32%) up or down from last closing price. If Graham Corporation takes out the full calculated possible swing range there will be an estimated 6.64% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $24.77, some $2.51 (9.20%) from the current price of $27.28, our system finds the risk reward attractive.

Is Graham Corporation stock A Buy?

Graham Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

Current score: 7.099 Strong Buy Candidate Unchanged

Predicted Opening Price for Graham Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$27.15 ( 0.477%) $27.28

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GHM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 28.17 3.26 %
R2 27.78 1.83 %
R1 27.54 0.95 %
Current price: 27.28
Support S1 26.76 -1.90 %
S2 26.52 -2.79 %
S3 26.13 -4.22 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 27.28
Support S1 24.77 -9.20%
S2 24.20 -11.29%
S3 21.96 -19.50%

GHM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 26, 2021 Nov 08, 2021 Nov 23, 2021 $0.110 0.86%
2 Jul 28, 2021 Aug 10, 2021 Aug 25, 2021 $0.110 0.90%
3 May 26, 2021 Jun 08, 2021 Jun 23, 2021 $0.110 0.83%
4 Jan 27, 2021 Feb 09, 2021 Feb 24, 2021 $0.110 0.680%
5 Oct 27, 2020 Nov 09, 2020 Nov 24, 2020 $0.110 0.688%

FAQ

What is the symbol for Graham Corporation Stock and on which exchange is it traded?
The symbol for Graham Corporation is GHM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Graham Corporation Stock?
Graham Corporation holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.

How to buy Graham Corporation Stock?
Graham Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Graham Corporation Stock.

What's the current price of Graham Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Graham Corporation (GHM) share was $27.28.

What is the 52-week high and low for Graham Corporation Stock?
The 52-week high for Graham Corporation Stock is $27.60 and the 52-week low is $10.89.

What is the market capitalization of Graham Corporation Stock?
As of the 2024-03-28, the market capitalization of Graham Corporation is 295.396M.

When is the next earnings date for Graham Corporation?
The upcoming earnings date for Graham Corporation is Jun 13, 2024.
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About Graham Corporation

Graham Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems comprising ejectors and surface condensers; torpedo ejection and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems... GHM Profile

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