CGI INC (GIB) Technical Analysis
NYSE:GIB • CA12532H1047
Current stock price
GIB Technical Rating and Analysis
Taking everything into account, GIB scores 0 out of 10 in our technical rating. GIB'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 87% of all other stocks performed better in the past year than GIB.
- GIB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GIB is lagging the market.
- In the last month GIB has a been trading in the 69.95 - 76.45 range, which is quite wide. It is currently trading near the lows of this range.
- GIB is part of the IT Services industry. There are 87 other stocks in this industry, GIB did better than 51% of them.
GIB Weekly and Daily overview Charts
GIB Setup Rating and Analysis
GIB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
GIB Support and Resistance Analysis
69.89
When analyzing the support we notice one important area.
- A support zone ranging from 70.60 to 71.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 73.28 to 73.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 76.05 to 76.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 88.14 to 88.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @90.56 from a trend line in the daily time frame.
- Resistance @92.26 from a horizontal line in the daily time frame.
- Resistance @97.18 from a horizontal line in the daily time frame.
GIB 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 | DOWN | NEGATIVE | The long term trend for GIB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIB is down. |
| ChartMill Relative Strength | 13.42 | NEGATIVE | GIB has a low relative strength, it was outperformed by 86.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GIB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.15 | NEUTRAL | The RSI value for GIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests GIB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.42 | NEUTRAL | The Stochastics value for GIB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for GIB suggests some volalility. |
| Average Directional Index/ADX (14) | 41.53 | POSITIVE | The high ADX value value for GIB suggests a strong trend. |
GIB Chart- and CandleStick Pattern Analysis
GIB Technicals: Chart, Performance Metrics, Trend & Indicators
71.6
-0.47 (-0.65%)
CGI INC / GIB TA FAQ
What is the technical rating for GIB stock?
ChartMill assigns a technical rating of 0 / 10 to GIB.
What is the current trend direction of CGI INC (GIB) stock?
The current trend direction for CGI INC (GIB) is Bearish.
What is the RSI signal for GIB stock?
CGI INC (GIB) has an RSI value of 34.147. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CGI INC?
The short term momentum for CGI INC (GIB) is negative.
Can you provide the support and resistance levels for CGI INC?
CGI INC (GIB) has a support level at 71.59 and a resistance level at 73.28. Check the full technical report for our detailed analysis of GIB support and resistance levels.