GILT Technical Analysis - GILAT SATELLITE NETWORKS LTD

Technical Rating and Analysis

Overall GILT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GILT has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, GILT did better than 96% of all other stocks. We also observe that the gains produced by GILT over the past year are nicely spread over this period.

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 in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GILT is lagging the market slightly.

In the last month GILT has a been trading in the 9.10 - 12.45 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

GILAT SATELLITE NETWORKS LTD / GILT Weekly stock chart

GILAT SATELLITE NETWORKS LTD / GILT Daily stock chart

Setup Rating and Analysis

Although GILT has an excellent technical rating, it does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.94

11.91

We found 3 important support areas.

A support zone ranging from 11.72 to 11.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @8.82 from a trend line in the daily time frame.
Support @6.00 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

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	96.03	POSITIVE	GILT has a high relative strength, it outperformed 96.03% 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)	69.67	NEUTRAL	The RSI value for GILT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests GILT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	83.43	OVERBOUGHT	The high Stochastics value suggests GILT may be overbought.
Average True Range in percent/ATR (20)	3.68	MEDIUM VOLATILITY	The ATR as a percentage value for GILT suggests some volalility.
Average Directional Index/ADX (14)	49.96	POSITIVE	The high ADX value value for GILT suggests a strong trend.