GENERAL MILLS INC (GIS) Technical Analysis
NYSE:GIS • US3703341046
Current stock price
GIS Technical Rating and Analysis
Taking everything into account, GIS scores 0 out of 10 in our technical rating. 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 part of the Food Products industry. There are 87 other stocks in this industry, of which 72% are performing better than GIS.
- 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.
- In the last month GIS has a been trading in the 35.63 - 45.17 range, which is quite wide. It is currently trading near the lows of this range.
- GIS has an average volume of 8993170 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
GIS has a poor technical rating and the quality of the setup is also only medium 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
GIS Support and Resistance Analysis
36.71
We found 1 important support area.
- A support zone ranging from 37.08 to 37.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- 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 | 11.51 | NEGATIVE | GIS has a low relative strength, it was outperformed by 88.49% 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) | 29.54 | OVERSOLD | The low RSI value suggests GIS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests GIS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.45 | OVERSOLD | The low Stochastics value suggests GIS may be oversold. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for GIS suggests some volalility. |
| Average Directional Index/ADX (14) | 54.35 | 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
37.22
+0.11 (+0.3%)
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 current trend direction of GENERAL MILLS INC (GIS) stock?
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 29.5448. This indicates that the stock is currently oversold.
What is the MACD signal for GENERAL MILLS INC (GIS) stock?
The MACD indicator for GENERAL MILLS INC (GIS) has a value of -0.107988, indicating a bearish trend.
What is the short term momentum for GIS stock?
The short term momentum for GENERAL MILLS INC (GIS) is negative.