G-III APPAREL GROUP LTD (GIII) Stock Technical Analysis
NASDAQ:GIII • US36237H1014
Overall GIII gets a technical rating of 8 out of 10. Although GIII is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- GIII is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GIII is lagging the market slightly.
- In the last month GIII has a been trading in the 27.89 - 32.80 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 66% of all stocks.
- GIII is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry, GIII did better than 59% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GIII has an excellent technical rating, the quality of the presented setup is not ideal 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
27.85
3 important support areas can be observed.
- A support zone ranging from 29.66 to 30.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.65 to 28.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.90 to 32.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for GIII is up. |
| ChartMill Relative Strength | 66.79 | 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 | POSITIVE | The current price of GIII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.61 | NEUTRAL | The RSI value for GIII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests GIII has a positive trend. |
| Stochastics (14,3) | 88.6 | OVERBOUGHT | The high Stochastics value suggests GIII may be overbought. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GIII suggests some volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for GIII suggests a weak or negative 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 |
|---|---|---|---|
| 32.09 | 29.19 | 2.90 (9.04%) | 11.07% |
| An entry @32.09. This is a Buy Stop order right above the resistance zone. | An exit @29.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.90 points, which is 9.04%. | When investing 11.07% 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.
31.89
+0.27 (+0.85%)
G-III APPAREL GROUP LTD / GIII FAQ
What is the technical rating for GIII stock?
ChartMill assigns a technical rating of 8 / 10 to GIII.
What is the trend direction for GIII stock?
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 64.6066. This indicates that the stock is currently neutral.
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 0.221813, indicating a bearish trend.
Can you provide the buy/sell signal for G-III APPAREL GROUP LTD?
The buy/sell signal for G-III APPAREL GROUP LTD (GIII) is buy as both the short term and long term trends are positive.