GFI technical analysis

GFI Technical Analysis

Analysis date

July 17, 2026

Market

NasdaqCM (USD)

Daily cutoff

July 16, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

GFI Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
GFI
Market
NasdaqCM
Currency
USD (US Dollar)
Latest completed bar
July 16, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)7.19July 16, 2026-Verified
Finviz (independent)7.19July 16, 2026 (previous close)0.00%Verified

Bottom line

GFI Technical Analysis Summary

GFI (Gulf Island Fabrication) shows a moderately constructive technical setup. On the daily chart, price at 7.19 is above SMA20 (6.73) and SMA50 (6.42), indicating short-term upward momentum. The stock remains below SMA200 (7.82), which still reflects a longer-term bearish structure. RSI14 at 55.21 is above the 50 midline, suggesting neutral-to-positive momentum without overbought conditions. The daily MACD shows the MACD line at 0.08 above the signal line at 0.03 with a positive histogram at 0.05, a modestly bullish configuration. The weekly chart shows price consolidating above SMA20 (6.58) but still below SMA50 (7.95) and SMA200 (10.28), confirming the broader trend remains bearish. Weekly RSI at 51.74 has moved back above 50, a constructive sign. Key resistance lies at the 60-day high (7.98) and SMA200 (7.82). Support rests at the 20-day low (6.18) and the 52-week low (4.08). The stock would need to clear 7.98-8.00 to shift the medium-term outlook more decisively bullish.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 16, 2026)

Trend
Improving. Price at 7.19 is above SMA20 (6.73, +6.84%) and SMA50 (6.42, +11.99%) but remains below SMA200 (7.82, -8.06%). SMA20 and SMA50 are sloping upward while SMA200 continues to trend lower. The price structure shows a series of higher lows since the April lows near 5.50, suggesting the short-term downtrend has reversed.
Momentum
Bullish but moderating. RSI14 at 55.21 is above the 50 midline, indicating bullish bias without reaching overbought territory. MACD line at 0.08 is above the signal line at 0.03, with the histogram at 0.05 positive. The positive MACD configuration suggests momentum remains supportive of the recent uptrend, though the narrowing histogram may indicate the pace of improvement is slowing.
Volatility
Moderate to elevated. ATR14 at 0.52 (7.23% of price) reflects above-average daily swings, typical for a small-cap industrial stock. Bollinger Bands (6.08 to 8.29) are fairly wide, with price trading near the middle of the range. Band width has been expanding, consistent with the recent directional move.
Volume
Below average. Latest volume of 142,500 is 65.4% of the 20-period average (217,800), indicating below-normal participation. The recent rally has occurred on declining volume, which may suggest limited institutional conviction behind the move.

Assessment

The daily chart presents a cautiously positive picture. GFI has established a series of higher lows since the April trough, and both SMA20 and SMA50 are sloping upward as the stock trades above them. The MACD remains in a bullish configuration. However, the stock is still below its SMA200, and volume has been declining as prices have risen, which reduces confidence in the sustainability of the move. The 52-week position at 64.4% reflects the stock is in the upper half of its annual range but still short of the highs. A break above 7.98 (60-day high) would open the path toward SMA200 at 7.82.

Weekly (July 10, 2026 week)

Trend
Neutral with improving bias. Price at 7.04 is above SMA20 (6.58) but below SMA50 (7.95) and SMA200 (10.28). SMA20 has flattened and begun ticking upward, while SMA50 continues to drift lower. The stock has been in a structural downtrend from the 2023 highs above 14.00, but the pace of decline has slowed considerably over the past several months.
Momentum
Neutral. RSI14 at 51.74 has moved back above the 50 midline after a period of weakness earlier in the year. MACD line at -0.06 has converged toward the signal line at -0.12, and the histogram at 0.06 is positive, indicating that bearish momentum has faded at the weekly level.
Volatility
Moderate. ATR14 at 0.67 (9.52% of price) reflects the wider weekly ranges typical for a small-cap issue. Bollinger Bands (5.20 to 9.12) show a moderately wide range, consistent with the stock's recent consolidation phase.
Volume
Near average. Weekly volume of 1,107,800 is 92.1% of the 20-week average (1,202,700), indicating typical participation levels.

Assessment

The weekly chart offers a more mixed view. While price has reclaimed SMA20 at 6.58, it remains well below SMA50 and SMA200, reflecting the lingering bearish structure from the multi-year downtrend. The improvement in RSI back above 50 and the narrowing MACD are encouraging, but the stock has not yet demonstrated the sustained upside momentum needed to break above SMA50 (7.95). The broader picture is one of a stock attempting to base after a prolonged decline, which can take time to develop into a confirmed uptrend.

Key indicators

GFI Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)55.2151.74
MACD (12, 26, 9)0.08 / 0.03 / 0.05-0.06 / -0.12 / 0.06
ATR (14)0.52 (7.23%)0.67 (9.52%)
Bollinger Bands (20, 2)6.08 - 8.295.20 - 9.12
SMA (20)6.736.58
SMA (50)6.427.95
SMA (200)7.8210.28

Price structure

GFI Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price7.197.04
1-Period Return+1.70%+1.15%
5-Period Return+4.35%+7.64%
20-Period Return+11.30%+13.55%
60-Period Return+26.45%+28.00%
252-Period Return-7.57%-27.57%
52-Week Low4.084.08
52-Week High10.7110.71
52-Week Position64.40%58.47%

Key levels

GFI Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High7.988.37
20-Period Low6.185.20
60-Period High8.4110.71
60-Period Low5.494.08

Scenarios

GFI Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above the 60-day high at 7.98 with above-average volume, clearing the near-term resistance cluster and targeting SMA200 at 7.82.

Invalidation

Price falls back below SMA20 (6.73) and breaks the 20-day low at 6.18, suggesting the rally has failed.

What to watch

Daily RSI holding above 55; MACD histogram expanding; volume increasing on break attempts; weekly RSI sustaining above 50.

Range-Bound

Trigger

Price oscillates between SMA20 support (6.73) and the 7.80-8.00 resistance zone with no clear directional breakout.

Invalidation

A decisive break above 8.00 or below 6.18 with expanding volume.

What to watch

RSI staying between 45 and 60; MACD histogram near zero; volume remaining below average; price respecting both boundaries.

Bearish

Trigger

Price fails to hold above SMA20 (6.73) and breaks below the 20-day low at 6.18, potentially retesting the 52-week low at 4.08.

Invalidation

Price reclaims and holds above SMA20 (6.73) and forms a higher low above 6.18.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume picking up on down days; SMA20 rolling over.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 10, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 10, 2026 week. Generated July 17, 2026.