TEMPLETON GLOBAL INCOME FUND (GIM) Technical Analysis
NYSE:GIM • US8801981064
Current stock price
GIM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GIM. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GIM is a bad performer in the overall market: 77% of all stocks are doing better.
- GIM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GIM is lagging the market.
- 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
Although the technical rating is bad, GIM does present a nice setup opportunity. 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
We found 1 important support 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.
3 important resistance areas can be observed.
- 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 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 short term momentum for TEMPLETON GLOBAL INCOME FUND (GIM) stock?
The short term momentum for TEMPLETON GLOBAL INCOME FUND (GIM) is negative.
What is the buy/sell signal for GIM stock?
The buy/sell signal for TEMPLETON GLOBAL INCOME FUND (GIM) is sell as both the short term and long term trends are negative.