GLAUKOS CORP (GKOS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GKOS - US3773221029 - Common Stock
We assign a technical rating of 8 out of 10 to GKOS. Although GKOS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- In the last month GKOS has a been trading in the 93.96 - 130.23 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, GKOS outperforms 54% of them, which is more or less in line with the market.
- GKOS is an average performer in the Health Care Equipment & Supplies industry, it outperforms 69% of 184 stocks in the same industry.
- GKOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GKOS is lagging the market.
GKOS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 109.91, a Stop Loss order could be placed below this zone.
More info and screens
103.39
2 important support areas can be observed.
- A support zone ranging from 108.76 to 109.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @104.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @120.24 from a horizontal 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 | UP | POSITIVE | The long term trend for GKOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GKOS is up. |
| ChartMill Relative Strength | 54.26 | NEUTRAL | GKOS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GKOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GKOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GKOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.68 | NEUTRAL | The RSI value for GKOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests GKOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.51 | NEUTRAL | The Stochastics value for GKOS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for GKOS suggests some volalility. |
| Average Directional Index/ADX (14) | 23.4 | NEUTRAL | The ADX value for GKOS suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 120.25 | 108.75 | 11.50 (9.56%) | 10.46% |
| An entry @120.25. This is a Buy Stop order right above the resistance zone. | An exit @108.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.50 points, which is 9.56%. | For a 1.00% total portfolio risk, you can invest 10.46% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
118.7
-5.57 (-4.48%)
GLAUKOS CORP / GKOS FAQ
Can you provide the ChartMill technical rating for GLAUKOS CORP?
ChartMill assigns a technical rating of 8 / 10 to GKOS.
What is the trend direction for GKOS stock?
The current trend direction for GLAUKOS CORP (GKOS) is Bullish.
What is the RSI signal for GLAUKOS CORP (GKOS) stock?
GLAUKOS CORP (GKOS) has an RSI value of 54.6798. This indicates that the stock is currently neutral.
What is the buy/sell signal for GLAUKOS CORP (GKOS) stock?
The buy/sell signal for GLAUKOS CORP (GKOS) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for GLAUKOS CORP?
GLAUKOS CORP (GKOS) has a support level at 109.91 and a resistance level at 120.24. Check the full technical report for our detailed analysis of GKOS support and resistance levels.