GENERAL MILLS INC (GIS) Stock Technical Analysis
USA - NYSE:GIS - US3703341046 - Common Stock
50.36 USD
+0.04 (+0.08%)
50.51 USD
+0.15 (+0.3%)
Taking everything into account, GIS scores 1 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.
When comparing the yearly performance of all stocks, GIS is a bad performer in the overall market: 89% of all stocks are doing better.
GIS is part of the Food Products industry. There are 89 other stocks in this industry, of which 68% 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.
In the last month GIS has a been trading in the 48.42 - 51.33 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GIS has an average volume of 5914800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
GIS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 50.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.27, a Stop Loss order could be placed below this zone.
More info and screens
47.95
52.84
We found 1 important support area.
- A support zone ranging from 48.43 to 50.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 50.38 to 51.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.32 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for GIS is up. |
| ChartMill Relative Strength | 11.91 | NEGATIVE | GIS has a low relative strength, it was outperformed by 88.09% 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 | MIXED | The current price of GIS is above 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) | 52.24 | NEUTRAL | The RSI value for GIS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GIS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.1 | NEUTRAL | The Stochastics value for GIS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for GIS suggests low volalility. |
| Average Directional Index/ADX (14) | 9.5 | NEGATIVE | The low ADX value for GIS suggests a weak or negative 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)
50.36
+0.04 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.08%
1 Week0.54%
2 Weeks0.02%
1 Month-0.43%
3 Month-5.25%
6 Month-15.52%
12 Month-31.59%
2 Year-22.81%
3 Year-38.27%
5 Year-14.82%
10 Year-13.34%
15 Year34.08%
Volatility
ATR(14)0.97
ATR(20)%1.86%
ATR Inc-29.89%
Range Today0.57
ADR(20)0.9
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.91
Mansfield-2.24
10 Day High51.33
10 Day Low49.1
20 Day High51.33
20 Day Low48.42
52 Week High73.74
52 Week Low48.29
CS1 End50.27
CR1 Start50.38
Volume & EV
DER(3)-0.14%
DER(5)1.12%
Volume3.60M
Volume Incr-30.94%
Vol(5)4.54M
Vol(50)5.91M