Taking everything into account, GILT 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, GILT is showing a nice and steady performance.
Although GILT 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
11.82
2 important support areas can be observed.
- Support @12.32 from a trend line in the weekly time frame.
- Support @11.94 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.07 to 15.07. 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 GILT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GILT is up. |
| ChartMill Relative Strength | 95.43 | POSITIVE | GILT has a high relative strength, it outperformed 95.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GILT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GILT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GILT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.65 | OVERBOUGHT | The high RSI value suggests GILT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests GILT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.6 | OVERBOUGHT | The high Stochastics value suggests GILT may be overbought. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for GILT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.64 | POSITIVE | The high ADX value value for GILT suggests a strong trend. |
15.06
+0.05 (+0.33%)
GILAT SATELLITE NETWORKS LTD / GILT FAQ
What is the technical rating for GILT stock?
ChartMill assigns a technical rating of 10 / 10 to GILT.
What is the current trend direction of GILAT SATELLITE NETWORKS LTD (GILT) stock?
The current trend direction for GILAT SATELLITE NETWORKS LTD (GILT) is Bullish.
Can you provide the RSI signal for GILAT SATELLITE NETWORKS LTD?
GILAT SATELLITE NETWORKS LTD (GILT) has an RSI value of 70.6502. This indicates that the stock is currently overbought.
What is the buy/sell signal for GILT stock?
The buy/sell signal for GILAT SATELLITE NETWORKS LTD (GILT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for GILAT SATELLITE NETWORKS LTD (GILT) stock?
GILAT SATELLITE NETWORKS LTD (GILT) has a support level at 12.32 and a resistance level at 15.07. Check the full technical report for our detailed analysis of GILT support and resistance levels.