GFL Environmental Inc (GFL): Price Now Near $32.14; Daily Chart Shows Downtrend on 100 Day Basis

The Hourly View for GFL

At the time of this writing, GFL (Get Ratings)’s price is up $0.2 (0.63%) from the hour prior. The hourly chart shows that GFL has seen 2 straight up hours. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Almost Nothing stocks, GFL ranks 1st in regards to today’s price percentage change.

GFL’s Technical Outlook on the Daily Chart

Currently, GFL’s price is up $0.3 (0.94%) from the day prior. This is the 3rd day in a row GFL has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. Most noteworthy in the world of moving averages on the daily chart is that the 20 and 50 day moving averages have been crossed, so that price is now turning above them. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows GFL’s price action over the past 90 days.

GFL

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GFL: Daily RSI Analysis

  • GFL’s RSI now stands at 100.
  • GFL and RSI both have consistent trends, as they are both heading down.

For GFL News Traders

Investors and traders in GFL may be particularly interested in the following story that came out in the past day:

Earnings Preview: GFL Environmental Inc. (GFL) Q2 Earnings Expected to Decline

GFL Environmental Inc. (GFL) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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