G-III APPAREL GROUP LTD (GIII) Stock Technical Analysis
NASDAQ:GIII - Nasdaq - US36237H1014 - Common Stock - Currency: USD
Overall GIII gets a technical rating of 1 out of 10. GIII'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
84% of all other stocks performed better in the past year than GIII.
GIII is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry, of which 61% are performing better than GIII.
GIII is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GIII has a been trading in the 21.80 - 24.59 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, GIII does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.63, a Stop Loss order could be placed below this zone.
More info and screens
20.33
35.76
We found 2 important support areas.
- A support zone ranging from 23.39 to 23.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.54 to 20.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 24.01 to 24.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.70 to 26.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.53 from a trend line in the daily time frame.
- Resistance @35.41 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 GIII is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GIII is neutral. |
| ChartMill Relative Strength | 16.93 | NEGATIVE | GIII has a low relative strength, it was outperformed by 83.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GIII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIII is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GIII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.62 | NEUTRAL | The RSI value for GIII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests GIII has a positive trend. |
| Stochastics (14,3) | 67.36 | NEUTRAL | The Stochastics value for GIII is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for GIII suggests some volalility. |
| Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for GIII suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
24
-0.33 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-1.36%
1 Week0.54%
2 Weeks1.05%
1 Month10.34%
3 Month-7.23%
6 Month-24.74%
12 Month-9.94%
2 Year15.89%
3 Year8.65%
5 Year142.67%
10 Year-66.77%
15 Year86.05%
Volatility
ATR(14)0.72
ATR(20)%3.12%
ATR Inc14.2%
Range Today0.49
ADR(20)0.73
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.93
Mansfield-2.18
10 Day High24.59
10 Day Low22.91
20 Day High24.59
20 Day Low21.8
52 Week High36.18
52 Week Low20.33
CS1 End23.63
CR1 Start24.01
Volume & EV
DER(3)-2.48%
DER(5)-2.49%
Volume487.25K
Volume Incr-42.92%
Vol(5)520.11K
Vol(50)804.30K