GLOBAL INDUSTRIAL CO (GIC) Stock Technical Analysis
USA - NYSE:GIC - US37892E1029 - Common Stock
Overall GIC gets a technical rating of 0 out of 10. 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.
GIC 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 27.05, a Stop Loss order could be placed below this zone.
More info and screens
25.79
We found 2 important support areas.
- A support zone ranging from 26.65 to 27.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 27.07 to 27.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.67 to 33.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @36.90 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 | DOWN | NEGATIVE | The long term trend for GIC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIC is down. |
| ChartMill Relative Strength | 21.17 | NEGATIVE | GIC has a low relative strength, it was outperformed by 78.83% 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) | 21.73 | OVERSOLD | The low RSI value suggests GIC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests GIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.93 | OVERSOLD | The low Stochastics value suggests GIC may be oversold. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for GIC suggests some volalility. |
| Average Directional Index/ADX (14) | 49.84 | POSITIVE | The high ADX value value for GIC suggests a strong trend. |
27.06
+0.16 (+0.59%)
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 21.7261. 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 -0.142403, 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.