GELTEQ LTD (GELS) Stock Technical Analysis
NASDAQ:GELS - Nasdaq - AU0000218109 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GELS. In the last year, GELS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, GELS is a bad performer in the overall market: 100% of all stocks are doing better.
GELS is one of the lesser performing stocks in the Pharmaceuticals industry. 91% of 193 stocks in the same industry do better.
GELS has an average volume of 1699890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month GELS has a been trading in the 1.51 - 2.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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
1.60
2.92
We can see 4 important resistance areas.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.92 from a horizontal line in the daily time frame.
- Resistance @2.41 from a trend line in the daily time frame.
- Resistance @2.89 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for GELS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GELS is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | GELS has a low relative strength, it was outperformed by 100% 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). |
| Relative Strength Index/RSI (14) | 41.37 | 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. |
| Stochastics (14,3) | 34.29 | NEUTRAL | The Stochastics value for GELS is a neutral value. |
| Average True Range in percent/ATR (20) | 9.72 | HIGH VOLATILITY | The high ATR as a percentage value for GELS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.79 | POSITIVE | The high ADX value value for GELS suggests a strong 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)
1.62
-0.11 (-6.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-6.36%
1 Week-15.18%
2 Weeks-10.99%
1 Month-5.81%
3 Month-12.43%
6 Month-28%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%9.72%
ATR Inc16.34%
Range Today0.15
ADR(20)0.16
ADR(20)%9.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.99
10 Day Low1.59
20 Day High2.01
20 Day Low1.51
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.82
Volume & EV
DER(3)-7.55%
DER(5)-5%
Volume66.50K
Volume Incr-76.5%
Vol(5)46.56K
Vol(50)1.70M