GRUPO FINANCIERO GALICIA-ADR (GGAL) Technical Analysis
NASDAQ:GGAL • US3999091008
Current stock price
47.99 USD
+0.09 (+0.19%)
At close:
47.99 USD
0 (0%)
After Hours:
GGAL Technical Rating and Analysis
Overall GGAL gets a technical rating of 2 out of 10. GGAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, GGAL is a bad performer in the overall market: 86% of all stocks are doing better.
- GGAL is part of the Banks industry. There are 376 other stocks in this industry, of which 93% are performing better than GGAL.
- GGAL has an average volume of 1216110 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!
- GGAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GGAL is lagging the market.
- In the last month GGAL has a been trading in the 42.24 - 50.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GGAL Weekly and Daily overview Charts
GGAL Setup Rating and Analysis
Although the technical rating is bad, GGAL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 46.87, a Stop Loss order could be placed below this zone.
More info and screens
GGAL Support and Resistance Analysis
26.38
55.72
5 important support areas can be observed.
- A support zone ranging from 45.77 to 46.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.64 from a trend line in the weekly time frame.
- Support @43.88 from a trend line in the daily time frame.
- A support zone ranging from 40.85 to 41.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.65 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 48.12 to 48.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.00 to 49.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 51.32 to 51.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @55.17 from a trend line in the weekly time frame.
GGAL Technical Indicator Signal Analysis
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 GGAL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GGAL is neutral. |
| ChartMill Relative Strength | 14.57 | NEGATIVE | GGAL has a low relative strength, it was outperformed by 85.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GGAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GGAL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GGAL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.69 | NEUTRAL | The RSI value for GGAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests GGAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.76 | NEUTRAL | The Stochastics value for GGAL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for GGAL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.27 | NEGATIVE | The low ADX value for GGAL suggests a weak or negative trend. |
GGAL Chart- and CandleStick Pattern Analysis
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)
GGAL Technicals: Chart, Performance Metrics, Trend & Indicators
47.99
+0.09 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.19%
1 Week-1.76%
2 Weeks3.85%
1 Month11.73%
3 Month-10.7%
6 Month35.45%
12 Month-24.32%
2 Year47.98%
3 Year316.58%
5 Year540.72%
10 Year68.56%
15 Year275.51%
Volatility
ATR(14)2.07
ATR(20)%4.6%
ATR Inc-8.02%
Range Today1.61
ADR(20)2.12
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.57
3 months CRS21.52
6 months CRS91.24
Mansfield-0.83
10 Day High50.2
10 Day Low44.58
20 Day High50.2
20 Day Low42.24
52 Week High65.48
52 Week Low25.89
CS1 End46.87
CR1 Start48.12
Volume & EV
DER(3)-4.05%
DER(5)-3.81%
Volume732.40K
Volume Incr-20.12%
Vol(5)887.94K
Vol(50)1.22M
GRUPO FINANCIERO GALICIA-ADR / GGAL TA FAQ
What is the ChartMill technical rating of GRUPO FINANCIERO GALICIA-ADR (GGAL) stock?
ChartMill assigns a technical rating of 2 / 10 to GGAL.
Can you provide the trend direction for GRUPO FINANCIERO GALICIA-ADR?
The current trend direction for GRUPO FINANCIERO GALICIA-ADR (GGAL) is Bearish.
What is the RSI signal for GRUPO FINANCIERO GALICIA-ADR (GGAL) stock?
GRUPO FINANCIERO GALICIA-ADR (GGAL) has an RSI value of 55.685. This indicates that the stock is currently neutral.
What is the short term momentum for GRUPO FINANCIERO GALICIA-ADR (GGAL) stock?
The short term momentum for GRUPO FINANCIERO GALICIA-ADR (GGAL) is neutral.