GILEAD SCIENCES INC (GILD) Technical Analysis
NASDAQ:GILD • US3755581036
Overall GILD gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month GILD has a been trading in the 142.77 - 157.29 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that GILD is one of the better performing stocks in the market, outperforming 82% of all stocks.
- GILD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GILD is performing more or less in line with the market.
- GILD has an average volume of 7137350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- GILD is part of the Biotechnology industry. There are 520 other stocks in this industry, GILD did better than 64% of them.
GILD has an excellent technical rating and 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. There is a support zone below the current price at 143.92, a Stop Loss order could be placed below this zone.
More info and screens
116.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 143.76 to 143.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @125.55 from a trend line in the weekly time frame.
- Support @123.38 from a trend line in the daily time frame.
- A support zone ranging from 117.67 to 117.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 154.99 to 155.81. 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 | NEUTRAL | NEUTRAL | The short term trend for GILD is neutral. |
| ChartMill Relative Strength | 82.63 | POSITIVE | GILD has a high relative strength, it outperformed 82.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GILD is below a declining 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) | 47.53 | NEUTRAL | The RSI value for GILD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.52 | NEGATIVE | The MACD value suggests GILD has a negative trend. |
| Stochastics (14,3) | 20.19 | NEUTRAL | The Stochastics value for GILD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for GILD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.7 | POSITIVE | The high ADX value value for GILD 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 |
|---|---|---|---|
| 147.26 | 143.75 | 3.51 (2.38%) | 25.00% |
| An entry @147.26. This is a Buy Stop order right above the 10 day moving average. | An exit @143.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.51 points, which is 2.38%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The distance between exit and entry is rather small compared to the average daily movement of GILD. 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.
GILD Technicals: Chart, Performance Metrics, Trend & Indicators
143.93
-1.21 (-0.83%)
GILEAD SCIENCES INC / GILD FAQ
What is the ChartMill technical rating of GILEAD SCIENCES INC (GILD) stock?
ChartMill assigns a technical rating of 8 / 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 47.5298. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for GILEAD SCIENCES INC?
GILEAD SCIENCES INC (GILD) has a support level at 143.92 and a resistance level at 154.99. Check the full technical report for our detailed analysis of GILD support and resistance levels.