G-III APPAREL GROUP LTD (GIII) Technical Analysis
NASDAQ:GIII • US36237H1014
Current stock price
GIII Technical Rating and Analysis
Taking everything into account, GIII scores 0 out of 10 in our technical rating. GIII scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, GIII is a bad performer in the overall market: 76% of all stocks are doing better.
- GIII is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, of which 61% are performing better than GIII.
- In the last month GIII has a been trading in the 24.61 - 32.80 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GIII is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GIII is lagging the market slightly.
GIII Weekly and Daily overview Charts
GIII Setup Rating and Analysis
The technical rating of GIII is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
GIII Support and Resistance Analysis
25.48
When analyzing the support we notice one important area.
- A support zone ranging from 25.74 to 25.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 29.62 to 29.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.62 to 32.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
GIII Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for GIII is down. |
| ChartMill Relative Strength | 24.23 | NEGATIVE | GIII has a low relative strength, it was outperformed by 75.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIII is below a declining 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) | 26.74 | OVERSOLD | The low RSI value suggests GIII may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests GIII has a negative trend. |
| Stochastics (14,3) | 18.64 | OVERSOLD | The low Stochastics value suggests GIII may be oversold. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for GIII suggests high volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for GIII suggests a possible start of a new trend. |
GIII Chart- and CandleStick Pattern Analysis
GIII Technicals: Chart, Performance Metrics, Trend & Indicators
25.77
+0.03 (+0.12%)
G-III APPAREL GROUP LTD / GIII TA FAQ
What is the technical rating for GIII stock?
ChartMill assigns a technical rating of 0 / 10 to GIII.
What is the trend direction for GIII stock?
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 26.7417. This indicates that the stock is currently oversold.
What is the MACD signal for G-III APPAREL GROUP LTD (GIII) stock?
The MACD indicator for G-III APPAREL GROUP LTD (GIII) has a value of -0.584673, indicating a bearish trend.