1.08 USD
+0.02 (+1.89%)
1.1 USD
+0.02 (+1.85%)
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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
90% of all other stocks performed better in the past year than GELS.
GELS is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, of which 72% 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GELS has an average volume of 1306730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GELS has a been trading in the 0.85 - 1.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GELS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for GELS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.87
1.29
We found 1 important support area.
- Support @0.88 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.28 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 | NEUTRAL | NEUTRAL | The short term trend for GELS is neutral. |
| ChartMill Relative Strength | 10.56 | NEGATIVE | GELS has a low relative strength, it was outperformed by 89.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GELS is above 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) | 50.13 | NEUTRAL | The RSI value for GELS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GELS has a positive trend. |
| Stochastics (14,3) | 55.28 | NEUTRAL | The Stochastics value for GELS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.48 | HIGH VOLATILITY | The high ATR as a percentage value for GELS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for GELS suggests a weak or negative 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)
1.08
+0.02 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.89%
1 Week21.85%
2 Weeks6.93%
1 Month-7.69%
3 Month-13.74%
6 Month-32.5%
12 Month-46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%9.48%
ATR Inc-1.47%
Range Today0.11
ADR(20)0.1
ADR(20)%8.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.56
3 months CRS17.21
6 months CRS8.33
Mansfield-4.14
10 Day High1.26
10 Day Low0.85
20 Day High1.26
20 Day Low0.85
52 Week High5.5
52 Week Low0.77
CS1 End0.88
CR1 Start1.09
Volume & EV
DER(3)7.58%
DER(5)5.82%
Volume280.40K
Volume Incr21146.09%
Vol(5)11.90M
Vol(50)1.31M
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 50.1311. 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 neutral.