G-III APPAREL GROUP LTD (GIII) Stock Technical Analysis
NASDAQ:GIII - Nasdaq - US36237H1014 - Common Stock - Currency: USD
Taking everything into account, GIII scores 6 out of 10 in our technical rating. In the past year, GIII was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GIII is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 70% of 48 stocks in the same industry.
In the last month GIII has a been trading in the 23.87 - 29.09 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, GIII turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
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.
Considerably lower volume is observed in the last couple of days.
GIII has an average technical rating and also the quality of the setup is only medium 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
24.36
35.76
2 important support areas can be observed.
- A support zone ranging from 26.93 to 27.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.61 to 24.75. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.52 to 28.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for GIII is up. |
| ChartMill Relative Strength | 49.55 | 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) | UP | MIXED | The current price of GIII is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.26 | NEUTRAL | The RSI value for GIII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GIII has a positive trend. |
| Stochastics (14,3) | 68.93 | NEUTRAL | The Stochastics value for GIII is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for GIII suggests some volalility. |
| Average Directional Index/ADX (14) | 18.94 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.53 | 26.92 | 1.61 (5.64%) | 17.72% |
| An entry @28.53. This is a Buy Stop order right above the resistance zone. | An exit @26.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.61 points, which is 5.64%. | When investing 17.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.51
+1.24 (+4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg4.55%
1 Week0.71%
2 Weeks1.86%
1 Month13.86%
3 Month5.32%
6 Month-3.78%
12 Month-5.16%
2 Year77.3%
3 Year13.77%
5 Year175.99%
10 Year-49.86%
15 Year98.88%
Volatility
ATR(14)0.95
ATR(20)%3.36%
ATR Inc3.25%
Range Today1.01
ADR(20)0.84
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.55
Mansfield-0.38
10 Day High28.91
10 Day Low26.72
20 Day High29.09
20 Day Low23.87
52 Week High36.18
52 Week Low20.66
CS1 End27.27
CR1 Start28.52
Volume & EV
DER(3)-0.44%
DER(5)-0.18%
Volume305.00K
Volume Incr-10.73%
Vol(5)340.88K
Vol(50)576.42K