GAB Technical Analysis - GABETTI PROPERTY SOLUTIONS

Technical Rating and Analysis

Overall GAB gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GAB is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.

GAB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GAB is lagging the market slightly.

In the last month GAB has a been trading in the 0.64 - 0.71 range, which is quite wide. It is currently trading near the high of this range.

When compared to the yearly performance of all other stocks, GAB outperforms 41% of them, which is more or less in line with the market.

GAB is part of the Real Estate Management & Development industry. There are 72 other stocks in this industry, GAB did better than 69% of them.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

GABETTI PROPERTY SOLUTIONS / GAB Weekly stock chart

GABETTI PROPERTY SOLUTIONS / GAB Daily stock chart

Setup Rating and Analysis

GAB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.54

0.77

3 important support areas can be observed.

A support zone ranging from 0.64 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @0.57 from a horizontal line in the daily time frame.
Support @0.55 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 0.73 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for GAB.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for GAB.MI is up.
ChartMill Relative Strength	41.85	NEUTRAL	GAB.MI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of GAB.MI is above a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of GAB.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of GAB.MI is above a declining SMA(200).
Relative Strength Index/RSI (14)	58.65	NEUTRAL	The RSI value for GAB.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests GAB.MI has a positive trend.
Stochastics (14,3)	87.08	OVERBOUGHT	The high Stochastics value suggests GAB.MI may be overbought.
Average True Range in percent/ATR (20)	2.43	MEDIUM VOLATILITY	The ATR as a percentage value for GAB.MI suggests some volalility.
Average Directional Index/ADX (14)	23.84	NEUTRAL	The ADX value for GAB.MI suggests a possible start of a new trend.