GENERAL MILLS INC (GIS) Stock Technical Analysis
NYSE:GIS - New York Stock Exchange, Inc. - US3703341046 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
79% of all other stocks performed better in the past year than GIS.
GIS is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GIS is lagging the market.
In the last month GIS has a been trading in the 52.39 - 57.08 range, which is quite wide. It is currently trading near the lows of this range.
GIS has an average volume of 5997500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GIS is part of the Food Products industry. There are 90 other stocks in this industry, GIS did better than 42% of them.
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
52.74
67.68
When analyzing the support we notice one important area.
- A support zone ranging from 53.27 to 53.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 54.22 to 54.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 59.62 to 60.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.49 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for GIS is down. |
| ChartMill Relative Strength | 21.96 | NEGATIVE | GIS has a low relative strength, it was outperformed by 78.04% 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) | 36.76 | NEUTRAL | The RSI value for GIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GIS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.71 | NEUTRAL | The Stochastics value for GIS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for GIS suggests low volalility. |
| Average Directional Index/ADX (14) | 22.31 | NEUTRAL | The ADX value for GIS suggests a possible start of a new 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)
53.34
-0.02 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.04%
1 Week-1.95%
2 Weeks-2.5%
1 Month-5.41%
3 Month-12.56%
6 Month-17.94%
12 Month-21.9%
2 Year-36.62%
3 Year-23.64%
5 Year-15.39%
10 Year-5%
15 Year49.77%
Volatility
ATR(14)1
ATR(20)%1.94%
ATR Inc50.15%
Range Today1.23
ADR(20)1
ADR(20)%1.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.96
Mansfield-1.91
10 Day High55.35
10 Day Low52.39
20 Day High57.08
20 Day Low52.39
52 Week High75.9
52 Week Low52.39
CS1 End53.33
CR1 Start54.22
Volume & EV
DER(3)-2.59%
DER(5)-0.63%
Volume5.07M
Volume Incr12.35%
Vol(5)4.87M
Vol(50)6.00M