NYSE:GIS • US3703341046
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.
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.
42.51
We found 2 important support areas.
We can see 4 important resistance areas.
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 | 17.34 | NEGATIVE | GIS has a low relative strength, it was outperformed by 82.66% 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) | 42.81 | NEUTRAL | The RSI value for GIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests GIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.09 | OVERSOLD | The low Stochastics value suggests GIS may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for GIS suggests some volalility. |
| Average Directional Index/ADX (14) | 28.69 | POSITIVE | The high ADX value value for GIS suggests a strong trend. |
44.29
+0.72 (+1.65%)
ChartMill assigns a technical rating of 0 / 10 to GIS.
The current trend direction for GENERAL MILLS INC (GIS) is Bearish.
GENERAL MILLS INC (GIS) has an RSI value of 42.8083. This indicates that the stock is currently neutral.
The MACD indicator for GENERAL MILLS INC (GIS) has a value of -0.235485, indicating a bearish trend.
The short term momentum for GENERAL MILLS INC (GIS) is negative.