GILAT SATELLITE NETWORKS LTD (GILT) Stock Technical Analysis
NASDAQ:GILT - Nasdaq - IL0010825102 - Common Stock - Currency: USD
Overall GILT gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GILT is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, GILT also shows a nice and consistent pattern of rising prices.
GILT is one of the better performing stocks in the Communications Equipment industry, it outperforms 82% of 48 stocks in the same industry.
GILT 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.
GILT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
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
5.42
9.19
3 important support areas can be observed.
- Support @5.83 from a trend line in the weekly time frame.
- Support @5.73 from a trend line in the daily time frame.
- A support zone ranging from 5.47 to 5.52. 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 | 94.49 | POSITIVE | GILT has a high relative strength, it outperformed 94.49% 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) | 71.29 | OVERBOUGHT | The high RSI value suggests GILT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GILT has a positive trend. |
| Stochastics (14,3) | 79.19 | NEUTRAL | The Stochastics value for GILT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for GILT suggests some volalility. |
| Average Directional Index/ADX (14) | 44.79 | POSITIVE | The high ADX value value for GILT suggests a strong 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)
9.1
+0.15 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.68%
1 Week23.81%
2 Weeks20.37%
1 Month20.05%
3 Month36.23%
6 Month34.22%
12 Month94.86%
2 Year36.64%
3 Year38.72%
5 Year68.83%
10 Year113.12%
15 Year94.86%
Volatility
ATR(14)0.41
ATR(20)%4.27%
ATR Inc-3.6%
Range Today0.4
ADR(20)0.34
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.49
Mansfield3.37
10 Day High9.4
10 Day Low7.22
20 Day High9.4
20 Day Low7.22
52 Week High9.4
52 Week Low4.3
CS1 End5.83
CR1 StartN/A
Volume & EV
DER(3)-1.77%
DER(5)-1.21%
Volume947.24K
Volume Incr191.78%
Vol(5)1.50M
Vol(50)571.52K