GILAT SATELLITE NETWORKS LTD (GILT) Technical Analysis
NASDAQ:GILT • IL0010825102
Current stock price
17.63 USD
-0.29 (-1.62%)
At close:
17.3 USD
-0.33 (-1.87%)
After Hours:
GILT Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to GILT. 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.
- 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 GILT is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by GILT over the past year are nicely spread over this period.
- GILT is part of the Communications Equipment industry. There are 46 other stocks in this industry. GILT outperforms 73% of them.
- 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 14.19 - 19.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GILT Weekly and Daily overview Charts
GILT Setup Rating and Analysis
Besides having an excellent technical rating, GILT also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
GILT Support and Resistance Analysis
13.95
19.48
5 important support areas can be observed.
- A support zone ranging from 17.38 to 17.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.19 from a trend line in the weekly time frame.
- A support zone ranging from 15.39 to 15.43. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @14.85 from a trend line in the daily time frame.
- Support @14.09 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @19.29 from a horizontal line in the weekly time frame.
GILT 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 | NEUTRAL | NEUTRAL | The short term trend for GILT is neutral. |
| ChartMill Relative Strength | 94.7 | POSITIVE | GILT has a high relative strength, it outperformed 94.7% 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) | DOWN | MIXED | The current price of GILT is above a declining 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) | 50.98 | NEUTRAL | The RSI value for GILT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GILT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.84 | NEUTRAL | The Stochastics value for GILT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for GILT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.16 | NEGATIVE | The low ADX value for GILT suggests a weak or negative trend. |
GILT Chart- and CandleStick Pattern Analysis
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)
GILT Example Setup
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 |
|---|---|---|---|
| 19.30 | 17.37 | 1.93 (10.00%) | 10.00% |
| An entry @19.30. This is a Buy Stop order right above the resistance zone. | An exit @17.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.93 points, which is 10.00%. | When investing 10.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
GILT Technicals: Chart, Performance Metrics, Trend & Indicators
17.63
-0.29 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-1.62%
1 Week-4.24%
2 Weeks-5.82%
1 Month4.88%
3 Month-5.47%
6 Month18.64%
12 Month177.42%
2 Year256.16%
3 Year273.52%
5 Year75.42%
10 Year287.47%
15 Year268.83%
Volatility
ATR(14)1.13
ATR(20)%6.29%
ATR Inc13.28%
Range Today1.58
ADR(20)1.01
ADR(20)%5.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.7
3 months CRS28.94
6 months CRS83.5
Mansfield3.71
10 Day High19.76
10 Day Low17.05
20 Day High19.76
20 Day Low14.19
52 Week High20.38
52 Week Low5.43
CS1 End17.62
CR1 Start19.29
Volume & EV
DER(3)-3.88%
DER(5)-1.72%
Volume731.30K
Volume Incr-16.58%
Vol(5)622.32K
Vol(50)841.69K
GILAT SATELLITE NETWORKS LTD / GILT TA FAQ
What is the technical rating for GILT stock?
ChartMill assigns a technical rating of 9 / 10 to GILT.
What is the trend direction for GILT stock?
The current trend direction for GILAT SATELLITE NETWORKS LTD (GILT) is Bullish.
What is the RSI signal for GILT stock?
GILAT SATELLITE NETWORKS LTD (GILT) has an RSI value of 50.9784. This indicates that the stock is currently neutral.
What is the MACD signal for GILAT SATELLITE NETWORKS LTD (GILT) stock?
The MACD indicator for GILAT SATELLITE NETWORKS LTD (GILT) has a value of 0.00801001, indicating a bearish trend.