GALP ENERGIA SGPS SA (GALP.LS)

PTGAL0AM0009 - Common Stock

15.315  +0.18 (+1.19%)

Technical Rating and Analysis

10

Overall GALP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GALP is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GALP is one of the better performing stocks in the market, outperforming 94% of all stocks.
GALP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 86% of 61 stocks in the same industry.
GALP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GALP has a been trading in the 14.30 - 15.66 range, which is quite wide. It is currently trading near the high of this range.
GALP has an average volume of 1607420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
GALP Weekly chart
GALP Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, GALP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.94, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

13.08

15.53

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 14.59 to 14.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @14.27 from a trend line in the daily time frame.
  • Support @13.98 from a horizontal line in the daily time frame.
  • A support zone ranging from 13.21 to 13.28. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 15.32 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.07
Mansfield0.29
10 Day High15.66
10 Day Low14.96
20 Day High15.66
20 Day Low14.31
52 Week High15.66
52 Week Low9.9
Performance
1 Week0.79%
2 Weeks4.75%
1 Month5.11%
3 Month14.81%
6 Month9.08%
12 Month46.41%
2 Year33%
3 Year54.39%
5 Year7.25%
10 Year22.18%
15 Year70.55%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)62.71
LBB14.38
UBB15.7
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
15.3914.950.44 (2.86%)25.00%
An entry @15.39. This is a Buy Stop order right above the resistance zone.An exit @14.95. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.44 points, which is 2.86%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GALP Daily chart

GALP ENERGIA SGPS SA

ELI:GALP (3/28/2024, 7:00:00 PM)

15.315

+0.18 (+1.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.19%
1 Week0.79%
2 Weeks4.75%
1 Month5.11%
3 Month14.81%
6 Month9.08%
12 Month46.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%1.83%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High15.66
10 Day Low14.96
20 Day High15.66
20 Day Low14.31
52 Week High15.66
52 Week Low9.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.11M
Volume Incr-47.79%
Vol(5)996.37K
Vol(50)1.61M