GENERAL MILLS INC (GIS) Stock Technical Analysis
NYSE:GIS - New York Stock Exchange, Inc. - US3703341046 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GIS. GIS 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than GIS.
GIS is part of the Food Products industry. There are 91 other stocks in this industry, of which 60% are performing better than GIS.
GIS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GIS has an average volume of 5259110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GIS has a been trading in the 50.19 - 55.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GIS is bad and it also does not present a 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.
More info and screens
53.29
67.68
We can see 5 important resistance areas.
- A resistance zone ranging from 53.84 to 55.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 57.60 to 58.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 60.98 to 61.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.44 from a trend line in the daily time frame.
- Resistance @67.01 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for GIS is neutral. |
| ChartMill Relative Strength | 13.06 | NEGATIVE | GIS has a low relative strength, it was outperformed by 86.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GIS is above 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) | 53.08 | NEUTRAL | The RSI value for GIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GIS has a positive trend. |
| Stochastics (14,3) | 55.65 | NEUTRAL | The Stochastics value for GIS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for GIS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for GIS suggests a weak or negative trend. |
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)
53.83
+0.64 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.2%
1 Week6.22%
2 Weeks1.41%
1 Month-0.88%
3 Month-9.7%
6 Month-15.73%
12 Month-14.39%
2 Year-27.98%
3 Year-28.03%
5 Year-14.92%
10 Year-7.52%
15 Year57.4%
Volatility
ATR(14)1.28
ATR(20)%2.09%
ATR Inc38.93%
Range Today1.16
ADR(20)1.11
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.06
Mansfield-2.06
10 Day High54.18
10 Day Low50.19
20 Day High55.19
20 Day Low50.19
52 Week High75.9
52 Week Low50.19
CS1 EndN/A
CR1 Start52.46
Volume & EV
DER(3)3.48%
DER(5)2.35%
Volume9.18M
Volume Incr55.08%
Vol(5)8.42M
Vol(50)5.26M