ELI:GALP - Euronext Lisbon - PTGAL0AM0009 - Common Stock - Currency: EUR
Overall GALP gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, GALP is a bad performer.
Although GALP has an excellent technical rating, it 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.
15.48
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | 34.98 | NEUTRAL | GALP.LS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of GALP.LS is below 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) | DOWN | MIXED | The current price of GALP.LS is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for GALP.LS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GALP.LS has a negative trend. |
Stochastics (14,3) | 51.34 | NEUTRAL | The Stochastics value for GALP.LS is a neutral value. |
Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for GALP.LS suggests low volalility. |
Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for GALP.LS suggests a strong trend. |
ELI:GALP (8/4/2025, 7:00:00 PM)
16.285
-0.04 (-0.25%)