Taking everything into account, GILD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GILD is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, GILD did better than 89% of all other stocks. On top of that, GILD also shows a nice and consistent pattern of rising prices.
- GILD is part of the Biotechnology industry. There are 523 other stocks in this industry. GILD outperforms 76% of them.
- A new 52 week high is currently being made by GILD, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month GILD has a been trading in the 120.94 - 157.29 range, which is quite wide. It is currently trading near the high of this range.
- GILD has an average volume of 7376740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although GILD has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
107.14
3 important support areas can be observed.
- A support zone ranging from 122.84 to 123.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 116.60 to 117.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @108.22 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 GILD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GILD is up. |
| ChartMill Relative Strength | 89.06 | POSITIVE | GILD has a high relative strength, it outperformed 89.06% 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) | 75.49 | OVERBOUGHT | The high RSI value suggests GILD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.24 | POSITIVE | The MACD value suggests GILD has a positive trend. |
| Stochastics (14,3) | 88.37 | OVERBOUGHT | The high Stochastics value suggests GILD may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for GILD suggests some volalility. |
| Average Directional Index/ADX (14) | 44.78 | POSITIVE | The high ADX value value for GILD suggests a strong trend. |
155.8
+8.57 (+5.82%)
GILEAD SCIENCES INC / GILD FAQ
What is the ChartMill technical rating of GILEAD SCIENCES INC (GILD) stock?
ChartMill assigns a technical rating of 10 / 10 to GILD.
What is the trend direction for GILD stock?
The current trend direction for GILEAD SCIENCES INC (GILD) is Bullish.
What is the RSI signal for GILEAD SCIENCES INC (GILD) stock?
GILEAD SCIENCES INC (GILD) has an RSI value of 75.4884. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for GILEAD SCIENCES INC?
The buy/sell signal for GILEAD SCIENCES INC (GILD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for GILEAD SCIENCES INC (GILD) stock?
GILEAD SCIENCES INC (GILD) has a support level at 123.56. Check the full technical report for our detailed analysis of GILD support and resistance levels.