
Europe - Euronext Milan - BIT:GBS - GB00B00FHZ82 - ETF
Overall GBS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GBS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GBS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
260.51
When analyzing the support we can see 7 important areas.
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 GBS.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GBS.MI is up. |
| ChartMill Relative Strength | 87.49 | POSITIVE | GBS.MI has a high relative strength, it outperformed 87.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GBS.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GBS.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GBS.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85 | OVERBOUGHT | The high RSI value suggests GBS.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.44 | POSITIVE | The MACD value suggests GBS.MI has a positive trend. |
| Stochastics (14,3) | 96.78 | OVERBOUGHT | The high Stochastics value suggests GBS.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for GBS.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.49 | NEUTRAL | The ADX value for GBS.MI suggests a possible start of a new trend. |
BIT:GBS (1/23/2026, 7:00:00 PM)
387.36
+7.38 (+1.94%)
ChartMill assigns a technical rating of 10 / 10 to GBS.MI.
The current trend direction for GOLD BULLION SECURITIES LTD (GBS.MI) is Bullish.
GOLD BULLION SECURITIES LTD (GBS.MI) has an RSI value of 85.0033. This indicates that the stock is currently overbought.
The buy/sell signal for GOLD BULLION SECURITIES LTD (GBS.MI) is buy as both the short term and long term trends are positive.
GOLD BULLION SECURITIES LTD (GBS.MI) has a support level at 348.95. Check the full technical report for our detailed analysis of GBS.MI support and resistance levels.