Overall GELS gets a technical rating of 0 out of 10. 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.
The technical rating of GELS 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
0.84
We found 1 important support area.
- A support zone ranging from 0.85 to 0.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.14 from a trend 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 | 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 | 5.22 | NEGATIVE | GELS has a low relative strength, it was outperformed by 94.78% 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) | 34.5 | NEUTRAL | The RSI value for GELS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GELS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.01 | OVERSOLD | The low Stochastics value suggests GELS may be oversold. |
| Average True Range in percent/ATR (20) | 10.77 | HIGH VOLATILITY | The high ATR as a percentage value for GELS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for GELS suggests a weak or negative trend. |
0.87
0 (-0.55%)
GELTEQ LTD / GELS FAQ
Can you provide the ChartMill technical rating for GELTEQ LTD?
ChartMill assigns a technical rating of 0 / 10 to GELS.
What is the trend direction for GELS stock?
The current trend direction for GELTEQ LTD (GELS) is Bearish.
Can you provide the RSI signal for GELTEQ LTD?
GELTEQ LTD (GELS) has an RSI value of 34.4965. This indicates that the stock is currently neutral.
What is the short term momentum for GELTEQ LTD (GELS) stock?
The short term momentum for GELTEQ LTD (GELS) is negative.
What is the buy/sell signal for GELTEQ LTD (GELS) stock?
The buy/sell signal for GELTEQ LTD (GELS) is sell as both the short term and long term trends are negative.