G-III APPAREL GROUP LTD (GIII) Stock Technical Analysis
USA - NASDAQ:GIII - US36237H1014 - Common Stock
Taking everything into account, GIII scores 5 out of 10 in our technical rating. GIII has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
GIII has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 28.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.58, a Stop Loss order could be placed below this zone.
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24.81
3 important support areas can be observed.
- A support zone ranging from 27.12 to 27.58. 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 26.12 to 26.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.06 to 25.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 28.17 to 28.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.09 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for GIII is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GIII is neutral. |
| ChartMill Relative Strength | 50.25 | NEUTRAL | GIII is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of GIII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GIII is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.64 | NEUTRAL | The RSI value for GIII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GIII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.47 | NEUTRAL | The Stochastics value for GIII is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for GIII suggests some volalility. |
| Average Directional Index/ADX (14) | 11.79 | NEGATIVE | The low ADX value for GIII suggests a weak or negative trend. |
27.62
+0.12 (+0.44%)
G-III APPAREL GROUP LTD / GIII FAQ
What is the technical rating for GIII stock?
ChartMill assigns a technical rating of 5 / 10 to GIII.
Can you provide the trend direction for G-III APPAREL GROUP LTD?
The current trend direction for G-III APPAREL GROUP LTD (GIII) is Bearish.
What is the RSI signal for GIII stock?
G-III APPAREL GROUP LTD (GIII) has an RSI value of 52.6369. This indicates that the stock is currently neutral.
What is the MACD signal for GIII stock?
The MACD indicator for G-III APPAREL GROUP LTD (GIII) has a value of -0.0489461, indicating a bearish trend.
Can you provide the support and resistance levels for G-III APPAREL GROUP LTD?
G-III APPAREL GROUP LTD (GIII) has a support level at 27.58 and a resistance level at 28.17. Check the full technical report for our detailed analysis of GIII support and resistance levels.