NASDAQ:GGAL - Nasdaq - US3999091008 - ADR - Currency: USD
Overall GGAL gets a technical rating of 9 out of 10. GGAL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
GGAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 63.42. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.27, a Stop Loss order could be placed below this zone.
41.92
5 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 GGAL is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGAL is up. |
ChartMill Relative Strength | 95.62 | POSITIVE | GGAL has a high relative strength, it outperformed 95.62% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GGAL is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGAL is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GGAL is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 56.1 | NEUTRAL | The RSI value for GGAL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GGAL has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 68.6 | NEUTRAL | The Stochastics value for GGAL is a neutral value. |
Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for GGAL suggests some volalility. |
Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for GGAL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
64.41 | 58.26 | 6.15 (9.55%) | 10.47% |
An entry @64.41. This is a Buy Stop order right above the resistance zone. | An exit @58.26. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 6.15 points, which is 9.55%. | When investing 10.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
NASDAQ:GGAL (5/23/2025, 12:31:08 PM)
62.79
+0.46 (+0.74%)