NYSE:GIC - New York Stock Exchange, Inc. - US37892E1029 - Common Stock - Currency: USD
Overall GIC gets a technical rating of 5 out of 10. Although GIC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, GIC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 27.30, a Stop Loss order could be placed below this zone.
26.27
When analyzing the support we notice one important area.
We found 1 important resistance 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 GIC is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GIC is up. |
ChartMill Relative Strength | 32.51 | NEUTRAL | GIC is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GIC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GIC is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for GIC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GIC has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 45.61 | NEUTRAL | The Stochastics value for GIC is a neutral value. |
Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for GIC suggests some volalility. |
Average Directional Index/ADX (14) | 13.46 | NEGATIVE | The low ADX value for GIC suggests a weak or negative trend. |
27.35
-0.47 (-1.69%)