GILEAD SCIENCES INC (GILD) Stock Technical Analysis
NASDAQ:GILD - Nasdaq - US3755581036 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to GILD. Both in the recent history as in the last year, GILD has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 86% of all stocks. On top of that, GILD also shows a nice and consistent pattern of rising prices.
GILD is one of the better performing stocks in the Biotechnology industry, it outperforms 80% of 556 stocks in the same industry.
GILD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GILD has a been trading in the 106.84 - 117.60 range, which is quite wide. It is currently trading near the high of this range.
GILD has an average volume of 7561280 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. 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
94.53
118.58
5 important support areas can be observed.
- A support zone ranging from 108.22 to 111.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @105.93 from a horizontal line in the daily time frame.
- Support @104.24 from a trend line in the weekly time frame.
- Support @101.78 from a trend line in the daily time frame.
- Support @95.48 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important 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 | 86.53 | POSITIVE | GILD has a high relative strength, it outperformed 86.53% 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) | 63.27 | NEUTRAL | The RSI value for GILD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests GILD has a positive trend. |
| Stochastics (14,3) | 81.31 | OVERBOUGHT | The high Stochastics value suggests GILD may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for GILD suggests some volalility. |
| Average Directional Index/ADX (14) | 14.67 | 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)
116.2
+3 (+2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.65%
1 Week7.37%
2 Weeks5.98%
1 Month7.97%
3 Month12.63%
6 Month24.85%
12 Month50.89%
2 Year52.61%
3 Year94.48%
5 Year67.12%
10 Year-1.41%
15 Year597.48%
Volatility
ATR(14)2.77
ATR(20)%2.25%
ATR Inc7.29%
Range Today3.47
ADR(20)2.45
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.53
Mansfield0.93
10 Day High117.6
10 Day Low107.75
20 Day High117.6
20 Day Low106.84
52 Week High119.96
52 Week Low72.43
CS1 End111.31
CR1 Start117.41
Volume & EV
DER(3)0.59%
DER(5)0.84%
Volume7.68M
Volume Incr-33.51%
Vol(5)5.01M
Vol(50)7.56M