TEMPLETON GLOBAL INCOME FUND (GIM) Technical Analysis
NYSE:GIM • US8801981064
Current stock price
GIM Technical Rating and Analysis
Taking everything into account, GIM scores 0 out of 10 in our technical rating. GIM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 77% of all other stocks performed better in the past year than GIM.
- GIM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month GIM has a been trading in a tight range between 3.78 and 4.00.
GIM Weekly and Daily overview Charts
GIM Setup Rating and Analysis
GIM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GIM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GIM Support and Resistance Analysis
3.74
When analyzing the support we notice one important area.
- A support zone ranging from 3.78 to 3.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.79 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.04 to 4.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.33 to 4.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
GIM 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 | DOWN | NEGATIVE | The long term trend for GIM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIM is down. |
| ChartMill Relative Strength | 23.12 | NEGATIVE | GIM has a low relative strength, it was outperformed by 76.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.32 | NEUTRAL | The RSI value for GIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GIM has a negative trend. |
| Stochastics (14,3) | 20.56 | NEUTRAL | The Stochastics value for GIM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for GIM suggests low volalility. |
| Average Directional Index/ADX (14) | 13.39 | NEGATIVE | The low ADX value for GIM suggests a weak or negative trend. |
GIM Chart- and CandleStick Pattern Analysis
GIM Technicals: Chart, Performance Metrics, Trend & Indicators
3.79
-0.05 (-1.3%)
TEMPLETON GLOBAL INCOME FUND / GIM TA FAQ
Can you provide the ChartMill technical rating for TEMPLETON GLOBAL INCOME FUND?
ChartMill assigns a technical rating of 0 / 10 to GIM.
What is the trend direction for GIM stock?
The current trend direction for TEMPLETON GLOBAL INCOME FUND (GIM) is Bearish.
What is the RSI signal for TEMPLETON GLOBAL INCOME FUND (GIM) stock?
TEMPLETON GLOBAL INCOME FUND (GIM) has an RSI value of 40.3218. This indicates that the stock is currently neutral.
What is the MACD signal for GIM stock?
The MACD indicator for TEMPLETON GLOBAL INCOME FUND (GIM) has a value of -0.00513059, indicating a bearish trend.
What is the short term momentum for TEMPLETON GLOBAL INCOME FUND (GIM) stock?
The short term momentum for TEMPLETON GLOBAL INCOME FUND (GIM) is negative.