GLAUKOS CORP (GKOS) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:GKOS • US3773221029
We assign a technical rating of 6 out of 10 to GKOS. Although GKOS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, GKOS is a bad performer in the overall market: 67% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- GKOS is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, GKOS did better than 67% of them.
- 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.
- In the last month GKOS has a been trading in the 93.96 - 130.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GKOS has an average technical rating and it also does not offer a high quality setup 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
103.39
We found 2 important support areas.
- Support @112.52 from a horizontal line in the weekly time frame.
- Support @104.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 113.99 to 114.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 116.50 to 117.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @120.24 from a horizontal line in the weekly time frame.
- Resistance @125.90 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for GKOS is neutral. |
| ChartMill Relative Strength | 33.6 | NEUTRAL | GKOS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GKOS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GKOS is below 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) | 45.86 | NEUTRAL | The RSI value for GKOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests GKOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.47 | OVERSOLD | The low Stochastics value suggests GKOS may be oversold. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for GKOS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for GKOS suggests a weak or negative trend. |
113.03
-0.24 (-0.21%)
GLAUKOS CORP / GKOS FAQ
Can you provide the ChartMill technical rating for GLAUKOS CORP?
ChartMill assigns a technical rating of 6 / 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 45.8643. This indicates that the stock is currently neutral.
What are the support and resistance levels for GLAUKOS CORP (GKOS) stock?
GLAUKOS CORP (GKOS) has a support level at 112.52 and a resistance level at 113.99. Check the full technical report for our detailed analysis of GKOS support and resistance levels.