GELTEQ LTD (GELS) Technical Analysis
NASDAQ:GELS • AU0000218109
Current stock price
GELS Technical Rating and Analysis
Taking everything into account, GELS scores 0 out of 10 in our technical rating. GELS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than GELS.
- GELS is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 67% are performing better than GELS.
- GELS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- Warning: GELS has an average volume of 20288 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month GELS has a been trading in the 0.64 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GELS Weekly and Daily overview Charts
GELS Setup Rating and Analysis
GELS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
GELS Support and Resistance Analysis
0.65
We found 1 important support area.
- A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.77 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.89 from a trend line in the daily time frame.
GELS 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 GELS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GELS is down. |
| ChartMill Relative Strength | 10.28 | NEGATIVE | GELS has a low relative strength, it was outperformed by 89.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GELS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GELS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GELS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.79 | NEUTRAL | The RSI value for GELS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GELS has a positive trend. |
| Stochastics (14,3) | 44.04 | NEUTRAL | The Stochastics value for GELS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.84 | HIGH VOLATILITY | The high ATR as a percentage value for GELS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for GELS suggests a weak or negative trend. |
GELS Chart- and CandleStick Pattern Analysis
GELS Technicals: Chart, Performance Metrics, Trend & Indicators
0.7
+0 (+0.46%)
GELTEQ LTD / GELS TA FAQ
Can you provide the ChartMill technical rating for GELTEQ LTD?
ChartMill assigns a technical rating of 0 / 10 to GELS.
What is the current trend direction of GELTEQ LTD (GELS) stock?
The current trend direction for GELTEQ LTD (GELS) is Bearish.
What is the RSI signal for GELS stock?
GELTEQ LTD (GELS) has an RSI value of 46.7902. This indicates that the stock is currently neutral.
What is the short term momentum for GELS stock?
The short term momentum for GELTEQ LTD (GELS) is negative.
Can you provide the support and resistance levels for GELTEQ LTD?
GELTEQ LTD (GELS) has a support level at 0.67 and a resistance level at 0.74. Check the full technical report for our detailed analysis of GELS support and resistance levels.