GRUPO FINANCIERO GALICIA-ADR (GGAL) Stock Technical Analysis
NASDAQ:GGAL - Nasdaq - US3999091008 - ADR - Currency: USD
Taking everything into account, GGAL scores 7 out of 10 in our technical rating. GGAL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GGAL is one of the better performing stocks in the Banks industry, it outperforms 94% of 398 stocks in the same industry.
GGAL is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so GGAL slightly outperforms the market at the moment.
In the last month GGAL has a been trading in the 42.88 - 66.24 range, which is quite wide. It is currently trading near the high of this range.
GGAL has an average volume of 1286550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GGAL did better than 94% of all other stocks. We also observe that the gains produced by GGAL over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
Although GGAL has an excellent technical rating, the quality of the presented setup is not ideal 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
40.81
65.04
We found 4 important support areas.
- Support @50.71 from a trend line in the weekly time frame.
- Support @47.20 from a trend line in the daily time frame.
- Support @45.76 from a trend line in the daily time frame.
- Support @41.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.42 to 64.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.09
Mansfield2.21
10 Day High66.24
10 Day Low58.57
20 Day High66.24
20 Day Low42.88
52 Week High74
52 Week Low23.53
Performance
1 Week-7.19%
2 Weeks-2.25%
1 Month6.34%
3 Month-13.03%
6 Month13.02%
12 Month71.01%
2 Year394.44%
3 Year537.24%
5 Year632.71%
10 Year193.01%
15 Year957.48%
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)49.8
LBB55.97
UBB66.04
58.69
-1.71 (-2.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.83%
1 Week-7.19%
2 Weeks-2.25%
1 Month6.34%
3 Month-13.03%
6 Month13.02%
12 Month71.01%
2 Year394.44%
3 Year537.24%
5 Year632.71%
10 Year193.01%
15 Year957.48%
Volatility
ATR(14)3.46
ATR(20)%6.94%
ATR Inc-40.48%
Range Today2.61
ADR(20)3.49
ADR(20)%5.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.09
Mansfield2.21
10 Day High66.24
10 Day Low58.57
20 Day High66.24
20 Day Low42.88
52 Week High74
52 Week Low23.53
CS1 End50.71
CR1 Start63.42
Volume & EV
DER(3)1.17%
DER(5)0.83%
Volume781.10K
Volume Incr-54.38%
Vol(5)823.34K
Vol(50)1.29M