CGI INC (GIB) Stock Technical Analysis
USA - NYSE:GIB - CA12532H1047 - Common Stock
Overall GIB gets a technical rating of 0 out of 10. 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.
GIB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 86.71, a Stop Loss order could be placed below this zone.
More info and screens
83.96
2 important support areas can be observed.
- A support zone ranging from 86.18 to 86.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.81 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 87.04 to 90.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @92.68 from a trend line in the daily time frame.
- A resistance zone ranging from 97.18 to 97.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @102.69 from a horizontal line in the daily time frame.
- Resistance @116.98 from a horizontal line in the weekly 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 | 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 | 19.31 | NEGATIVE | GIB has a low relative strength, it was outperformed by 80.69% 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) | 46.85 | NEUTRAL | The RSI value for GIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests GIB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.41 | NEUTRAL | The Stochastics value for GIB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for GIB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.18 | NEGATIVE | The low ADX value for GIB suggests a weak or negative trend. |
86.85
-0.9 (-1.03%)
CGI INC / GIB FAQ
What is the technical rating for GIB stock?
ChartMill assigns a technical rating of 0 / 10 to GIB.
Can you provide the trend direction for CGI INC?
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 46.8501. This indicates that the stock is currently neutral.
What is the MACD signal for GIB stock?
The MACD indicator for CGI INC (GIB) has a value of 0.245747, indicating a bearish trend.
What is the buy/sell signal for CGI INC (GIB) stock?
The buy/sell signal for CGI INC (GIB) is sell as both the short term and long term trends are negative.