GENERAL MILLS INC (GIS) Stock Technical Analysis
USA - NYSE:GIS - US3703341046 - Common Stock
We assign a technical rating of 0 out of 10 to GIS. 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.
Although the technical rating is bad, GIS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.78, a Stop Loss order could be placed below this zone.
More info and screens
45.51
When analyzing the support we notice one important area.
- A support zone ranging from 45.97 to 47.78. 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 one important area.
- A resistance zone ranging from 49.47 to 51.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 22.72 | NEGATIVE | GIS has a low relative strength, it was outperformed by 77.28% 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) | 52.19 | NEUTRAL | The RSI value for GIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests GIS has a positive trend. |
| Stochastics (14,3) | 83.41 | OVERBOUGHT | The high Stochastics value suggests GIS may be overbought. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for GIS suggests low volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for GIS suggests a weak or negative trend. |
47.81
+0.18 (+0.38%)
GENERAL MILLS INC / GIS FAQ
What is the technical rating for GIS stock?
ChartMill assigns a technical rating of 0 / 10 to GIS.
Can you provide the trend direction for GENERAL MILLS INC?
The current trend direction for GENERAL MILLS INC (GIS) is Bearish.
What is the RSI signal for GENERAL MILLS INC (GIS) stock?
GENERAL MILLS INC (GIS) has an RSI value of 52.1867. 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 0.232107, indicating a bearish trend.
What is the short term momentum for GENERAL MILLS INC (GIS) stock?
The short term momentum for GENERAL MILLS INC (GIS) is neutral.