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 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, GIS is a bad performer in the overall market: 91% of all stocks are doing better.
- 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- GIS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- GIS has an average volume of 9147160 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 bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
GIS Support and Resistance Analysis
34.14
We found 1 important support area.
- Support @34.48 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 37.43 to 37.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @44.78 from a trend line in the weekly time frame.
- Resistance @47.37 from a trend line in the weekly time frame.
- A resistance zone ranging from 48.25 to 48.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | 9.89 | NEGATIVE | GIS has a low relative strength, it was outperformed by 90.11% 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) | 31.81 | NEUTRAL | The RSI value for GIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests GIS has a positive trend. |
| Stochastics (14,3) | 31.79 | NEUTRAL | The Stochastics value for GIS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for GIS suggests some volalility. |
| Average Directional Index/ADX (14) | 52.22 | 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
35.05
-0.23 (-0.65%)
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 trend direction for GIS stock?
The current trend direction for GENERAL MILLS INC (GIS) is Bearish.
Can you provide the RSI signal for GENERAL MILLS INC?
GENERAL MILLS INC (GIS) has an RSI value of 31.8064. 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 0.158595, indicating a bearish trend.
What is the support and resistance level for GIS stock?
GENERAL MILLS INC (GIS) has a support level at 34.48 and a resistance level at 37.43. Check the full technical report for our detailed analysis of GIS support and resistance levels.