GAP INC/THE (GAP) Stock Technical Analysis
NYSE:GAP - US3647601083 - Common Stock
22.01 USD
+0.33 (+1.52%)
22.05 USD
+0.04 (+0.18%)
We assign a technical rating of 5 out of 10 to GAP. GAP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, GAP is a bad performer in the overall market: 73% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month GAP has a been trading in the 19.02 - 22.74 range, which is quite wide. It is currently trading near the high of this range.
GAP has an average volume of 8748640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GAP is part of the Specialty Retail industry. There are 122 other stocks in this industry, GAP did better than 47% of them.
GAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GAP is lagging the market.
Volume is considerably higher in the last couple of days.
GAP has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
18.65
29.25
2 important support areas can be observed.
- A support zone ranging from 20.79 to 21.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.84 to 19.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.02 to 22.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.96 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for GAP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GAP is up. |
| ChartMill Relative Strength | 27.74 | NEGATIVE | GAP has a low relative strength, it was outperformed by 72.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GAP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GAP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.74 | NEUTRAL | The RSI value for GAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests GAP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.11 | NEUTRAL | The Stochastics value for GAP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for GAP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.34 | NEUTRAL | The ADX value for GAP suggests a possible start of a new trend. |
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)
22.01
+0.33 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.52%
1 Week2.75%
2 Weeks6.38%
1 Month16.83%
3 Month-1.34%
6 Month-2.65%
12 Month-1.87%
2 Year90.07%
3 Year140.81%
5 Year26.57%
10 Year-32.92%
15 Year30.31%
Volatility
ATR(14)0.77
ATR(20)%3.18%
ATR Inc90.75%
Range Today1.26
ADR(20)0.67
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.74
Mansfield-0.94
10 Day High22.74
10 Day Low20.18
20 Day High22.74
20 Day Low19.02
52 Week High29.29
52 Week Low16.99
CS1 End21.41
CR1 Start22.02
Volume & EV
DER(3)2.22%
DER(5)0.85%
Volume26.92M
Volume Incr134.59%
Vol(5)17.05M
Vol(50)8.75M