GENERAL MILLS INC (GIS) Technical Analysis
NYSE:GIS • US3703341046
Current stock price
GIS Technical Rating and Analysis
Overall GIS gets a technical rating of 0 out of 10. GIS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 89% of all other stocks performed better in the past year than GIS.
- GIS is one of the lesser performing stocks in the Food Products industry. 68% of 87 stocks in the same industry do better.
- GIS 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 GIS is lagging the market.
- GIS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- GIS has an average volume of 9008790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GIS Weekly and Daily overview Charts
GIS Setup Rating and Analysis
Although the technical rating is bad, GIS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
GIS Support and Resistance Analysis
35.65
When analyzing the support we notice one important area.
- A support zone ranging from 36.01 to 36.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 37.43 to 37.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 47.66 to 48.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @50.15 from a horizontal line in the daily time frame.
GIS 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 GIS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GIS is down. |
| ChartMill Relative Strength | 11.08 | NEGATIVE | GIS has a low relative strength, it was outperformed by 88.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GIS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GIS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GIS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.72 | NEUTRAL | The RSI value for GIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests GIS has a positive trend. |
| Stochastics (14,3) | 35.41 | NEUTRAL | The Stochastics value for GIS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for GIS suggests some volalility. |
| Average Directional Index/ADX (14) | 54.18 | POSITIVE | The high ADX value value for GIS suggests a strong trend. |
GIS Chart- and CandleStick Pattern Analysis
GIS Technicals: Chart, Performance Metrics, Trend & Indicators
37.42
+0.21 (+0.56%)
GENERAL MILLS INC / GIS TA FAQ
What is the technical rating for GIS stock?
ChartMill assigns a technical rating of 0 / 10 to GIS.
What is the trend direction for GIS stock?
The current trend direction for GENERAL MILLS INC (GIS) is Bearish.
Can you provide the RSI signal for GENERAL MILLS INC?
GENERAL MILLS INC (GIS) has an RSI value of 32.7186. This indicates that the stock is currently neutral.
What is the MACD signal for GIS stock?
The MACD indicator for GENERAL MILLS INC (GIS) has a value of 0.181345, indicating a bearish trend.
What is the support and resistance level for GIS stock?
GENERAL MILLS INC (GIS) has a support level at 36.88 and a resistance level at 37.43. Check the full technical report for our detailed analysis of GIS support and resistance levels.