GILEAD SCIENCES INC (GILD) Stock Technical Analysis
NASDAQ:GILD - Nasdaq - US3755581036 - Common Stock - Currency: USD
Overall GILD gets a technical rating of 10 out of 10. In the last year, GILD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GILD is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by GILD over the past year are nicely spread over this period.
GILD is part of the Biotechnology industry. There are 553 other stocks in this industry. GILD outperforms 79% of them.
GILD 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 GILD is lagging the market slightly.
GILD has an average volume of 7467750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GILD has a been trading in the 107.75 - 117.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GILD also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 117.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 111.43, a Stop Loss order could be placed below this zone.
More info and screens
94.53
118.58
4 important support areas can be observed.
- A support zone ranging from 109.66 to 111.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @104.90 from a trend line in the weekly time frame.
- Support @101.87 from a trend line in the daily time frame.
- A support zone ranging from 95.48 to 96.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 117.41 to 117.41. 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 GILD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GILD is up. |
| ChartMill Relative Strength | 84.04 | POSITIVE | GILD has a high relative strength, it outperformed 84.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GILD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GILD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GILD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.93 | NEUTRAL | The RSI value for GILD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests GILD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.98 | NEUTRAL | The Stochastics value for GILD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for GILD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.83 | NEGATIVE | The low ADX value for GILD 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 |
|---|---|---|---|
| 117.42 | 109.65 | 7.77 (6.62%) | 15.11% |
| An entry @117.42. This is a Buy Stop order right above the resistance zone. | An exit @109.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.77 points, which is 6.62%. | For a 1.00% total portfolio risk, you can invest 15.11% of your capital in this trade. |
- 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.
113.03
-3.17 (-2.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.73%
1 Week4.39%
2 Weeks0.84%
1 Month2.13%
3 Month9.02%
6 Month16.29%
12 Month47.23%
2 Year48.45%
3 Year89.17%
5 Year62.56%
10 Year-4.1%
15 Year578.45%
Volatility
ATR(14)2.86
ATR(20)%2.24%
ATR Inc53.19%
Range Today2.07
ADR(20)2.3
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.04
Mansfield0.59
10 Day High117.6
10 Day Low107.75
20 Day High117.6
20 Day Low107.75
52 Week High119.96
52 Week Low72.43
CS1 End111.43
CR1 Start117.41
Volume & EV
DER(3)-1.07%
DER(5)-0.46%
Volume5.37M
Volume Incr-18.04%
Vol(5)5.37M
Vol(50)7.47M