GAP INC/THE (GAP) Technical Analysis
NYSE:GAP • US3647601083
Current stock price
GAP Technical Rating and Analysis
Overall GAP gets a technical rating of 1 out of 10. GAP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- GAP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- GAP has an average volume of 8149130 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, GAP outperforms 41% of them, which is more or less in line with the market.
- GAP is an average performer in the Specialty Retail industry, it outperforms 61% of 124 stocks in the same industry.
- GAP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GAP is lagging the market slightly.
GAP Weekly and Daily overview Charts
GAP Setup Rating and Analysis
The technical rating of GAP is bad and it also does not present a 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.
More info and screens
GAP Support and Resistance Analysis
22.19
2 important support areas can be observed.
- A support zone ranging from 22.85 to 23.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.41 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.35 to 23.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 28.96 to 29.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
GAP 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 | DOWN | NEGATIVE | The long term trend for GAP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GAP is down. |
| ChartMill Relative Strength | 41.78 | NEUTRAL | GAP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GAP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GAP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.64 | NEUTRAL | The RSI value for GAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests GAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.85 | OVERSOLD | The low Stochastics value suggests GAP may be oversold. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for GAP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.77 | NEUTRAL | The ADX value for GAP suggests a possible start of a new trend. |
GAP Chart- and CandleStick Pattern Analysis
GAP Technicals: Chart, Performance Metrics, Trend & Indicators
23.34
+0.1 (+0.43%)
GAP INC/THE / GAP TA FAQ
What is the ChartMill technical rating of GAP INC/THE (GAP) stock?
ChartMill assigns a technical rating of 1 / 10 to GAP.
Can you provide the trend direction for GAP INC/THE?
The current trend direction for GAP INC/THE (GAP) is Bearish.
What is the RSI signal for GAP stock?
GAP INC/THE (GAP) has an RSI value of 33.6386. This indicates that the stock is currently neutral.
What is the MACD signal for GAP INC/THE (GAP) stock?
The MACD indicator for GAP INC/THE (GAP) has a value of -0.428964, indicating a bearish trend.
Can you provide the buy/sell signal for GAP INC/THE?
The buy/sell signal for GAP INC/THE (GAP) is sell as both the short term and long term trends are negative.