We assign a technical rating of 7 out of 10 to GIII. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GIII is only an average performer.
Besides having an excellent technical rating, GIII also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
26.60
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.86 to 29.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 28.04 to 28.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.87 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 30.57 to 31.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.07 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for GIII is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GIII is neutral. |
| ChartMill Relative Strength | 45.59 | NEUTRAL | GIII is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GIII is below 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 | POSITIVE | The current price of GIII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.76 | NEUTRAL | The RSI value for GIII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests GIII has a negative trend. |
| Stochastics (14,3) | 12.83 | OVERSOLD | The low Stochastics value suggests GIII may be oversold. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for GIII suggests some volalility. |
| Average Directional Index/ADX (14) | 33.54 | POSITIVE | The high ADX value value for GIII suggests a strong trend. |
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 |
|---|---|---|---|
| 31.42 | 29.85 | 1.57 (5.00%) | 20.01% |
| An entry @31.42. This is a Buy Stop order right above the resistance zone. | An exit @29.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.57 points, which is 5.00%. | For a 1.00% total portfolio risk, you can invest 20.01% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GIII. Please evaluate whether better entry and exit points can be found.
- 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.
29.87
-0.55 (-1.81%)
G-III APPAREL GROUP LTD / GIII FAQ
What is the technical rating for GIII stock?
ChartMill assigns a technical rating of 7 / 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 Bullish.
What is the RSI signal for GIII stock?
G-III APPAREL GROUP LTD (GIII) has an RSI value of 48.7592. 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 -0.233202, 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 29.86 and a resistance level at 30.57. Check the full technical report for our detailed analysis of GIII support and resistance levels.