Technical Analysis for GLGI - Greystone Logistics

Grade Last Price % Change Price Change
D 0.95 3.26% 0.0300
GLGI closed up 3.26 percent on Wednesday, October 20, 2021, on 8 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical GLGI trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 3.26%
Lower Bollinger Band Walk Weakness 3.26%
Stochastic Reached Oversold Weakness 3.26%
Below Lower BB Weakness 3.26%
Lower Bollinger Band Touch Weakness 3.26%
Older End-of-Day Signals for GLGI ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Lower Bollinger Band about 17 hours ago
Rose Above Previous Day's High about 17 hours ago
Gapped Up (Full) about 17 hours ago
Up 3% about 17 hours ago
Up 2% about 17 hours ago
View Earlier Intraday Alerts

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Profile

Greystone Logistics Description

Greystone Logistics, Inc. (Greystone), through its subsidiaries, is engaged in the manufacture and marketing of plastic pallets and pelletized recycled plastic resin. The Company is a leasing company that is engaged in the beverage, pharmaceutical and other industries, among others. Greystone processes recycled plastic into pellet form which may be sold or used in Greystone's production of pallets. Greystone also provides tolling services whereby it grinds and pelletizes a customer's plastic material for a fee. The Company sells its pallets through a network of independent contractor distributors and direct sales. Its offerings include beverage pallets, display pallets, drum pallets, mid-duty pallets, nestable and export pallets and runners, and rackable pallets. As of May 31, 2016, Greystone had an aggregate in-house production capacity of approximately 85,000 pallets per month for its medium and heavy-duty pallets, and 20,000 for its lightweight nestable pallets.


Classification

Sector: Consumer Cyclical
Industry: Rubber & Plastics
Keywords: Beverage Direct Sales Freight Transport Packaging Pellet Pallet Greystone Contractor Distributors Pharmaceutical And Other Industries

Is GLGI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.47
52 Week Low 0.66
Average Volume 25,975
200-Day Moving Average 1.1315
50-Day Moving Average 1.1460
20-Day Moving Average 1.0362
10-Day Moving Average 1.0068
Average True Range 0.0722
ADX 8.42
+DI 23.5195
-DI 20.6774
Chandelier Exit (Long, 3 ATRs) 0.9234
Chandelier Exit (Short, 3 ATRs) 1.1166
Upper Bollinger Bands 1.1552
Lower Bollinger Band 0.9172
Percent B (%b) 0.14
BandWidth 22.9685
MACD Line -0.0492
MACD Signal Line -0.0415
MACD Histogram -0.0077
Fundamentals Value
Market Cap 26.94 Million
Num Shares 28.4 Million
EPS 0.15
Price-to-Earnings (P/E) Ratio 6.21
Price-to-Sales 0.41
Price-to-Book 3.36
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.9688
Resistance 3 (R3) 0.9708 0.9667 0.9656
Resistance 2 (R2) 0.9667 0.9619 0.9656 0.9646
Resistance 1 (R1) 0.9583 0.9589 0.9563 0.9563 0.9635
Pivot Point 0.9542 0.9542 0.9531 0.9531 0.9542
Support 1 (S1) 0.9458 0.9494 0.9438 0.9438 0.9365
Support 2 (S2) 0.9417 0.9464 0.9406 0.9354
Support 3 (S3) 0.9333 0.9417 0.9344
Support 4 (S4) 0.9313