GLOBAL INDUSTRIAL CO (GIC) Stock Technical Analysis
USA - NYSE:GIC - US37892E1029 - Common Stock
Taking everything into account, GIC scores 0 out of 10 in our technical rating. GIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of GIC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.94
We found 1 important support area.
- A support zone ranging from 28.22 to 28.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.99 to 33.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.81 from a trend line in the daily time frame.
- Resistance @37.11 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for GIC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIC is down. |
| ChartMill Relative Strength | 25.56 | NEGATIVE | GIC has a low relative strength, it was outperformed by 74.44% off all stocks 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) | DOWN | NEGATIVE | The current price of GIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GIC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 19.74 | OVERSOLD | The low RSI value suggests GIC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests GIC has a negative trend. |
| Stochastics (14,3) | 20.86 | NEUTRAL | The Stochastics value for GIC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for GIC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.44 | POSITIVE | The high ADX value value for GIC suggests a strong trend. |
28.42
+0.2 (+0.71%)
GLOBAL INDUSTRIAL CO / GIC FAQ
What is the ChartMill technical rating of GLOBAL INDUSTRIAL CO (GIC) stock?
ChartMill assigns a technical rating of 0 / 10 to GIC.
What is the current trend direction of GLOBAL INDUSTRIAL CO (GIC) stock?
The current trend direction for GLOBAL INDUSTRIAL CO (GIC) is Bearish.
What is the RSI signal for GLOBAL INDUSTRIAL CO (GIC) stock?
GLOBAL INDUSTRIAL CO (GIC) has an RSI value of 19.7364. This indicates that the stock is currently oversold.
Can you provide the MACD signal for GLOBAL INDUSTRIAL CO?
The MACD indicator for GLOBAL INDUSTRIAL CO (GIC) has a value of -0.684698, indicating a bearish trend.
What is the short term momentum for GLOBAL INDUSTRIAL CO (GIC) stock?
The short term momentum for GLOBAL INDUSTRIAL CO (GIC) is negative.