GALP ENERGIA SGPS SA (GALP.LS) Stock Technical Analysis
ELI:GALP • PTGAL0AM0009
Taking everything into account, GALP scores 8 out of 10 in our technical rating. Although GALP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- 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.
- GALP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- GALP has an average volume of 1928150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, GALP outperforms 62% of them, which is more or less in line with the market.
- GALP is part of the Oil, Gas & Consumable Fuels industry. There are 71 other stocks in this industry, GALP did better than 47% of them.
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. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
13.52
We found 5 important support areas.
- Support @17.45 from a trend line in the daily time frame.
- Support @16.00 from a horizontal line in the daily time frame.
- Support @15.70 from a horizontal line in the daily time frame.
- Support @14.35 from a trend line in the weekly time frame.
- Support @13.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.27 to 18.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 GALP.LS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GALP.LS is up. |
| ChartMill Relative Strength | 62.4 | NEUTRAL | GALP.LS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GALP.LS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GALP.LS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GALP.LS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.91 | NEUTRAL | The RSI value for GALP.LS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GALP.LS has a negative trend. |
| Stochastics (14,3) | 66.64 | NEUTRAL | The Stochastics value for GALP.LS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for GALP.LS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.89 | POSITIVE | The high ADX value value for GALP.LS suggests a strong trend. |
ELI:GALP (2/27/2026, 7:00:00 PM)
18.22
-0.07 (-0.36%)
GALP ENERGIA SGPS SA / GALP.LS FAQ
What is the ChartMill technical rating of GALP ENERGIA SGPS SA (GALP.LS) stock?
ChartMill assigns a technical rating of 8 / 10 to GALP.LS.
What is the current trend direction of GALP ENERGIA SGPS SA (GALP.LS) stock?
The current trend direction for GALP ENERGIA SGPS SA (GALP.LS) is Bullish.
What is the RSI signal for GALP stock?
GALP ENERGIA SGPS SA (GALP.LS) has an RSI value of 62.9135. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GALP ENERGIA SGPS SA?
The buy/sell signal for GALP ENERGIA SGPS SA (GALP.LS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for GALP stock?
GALP ENERGIA SGPS SA (GALP.LS) has a support level at 17.45 and a resistance level at 18.27. Check the full technical report for our detailed analysis of GALP.LS support and resistance levels.