GLAUKOS CORP (GKOS)

US3773221029 - Common Stock

98.91  +2.91 (+3.03%)

After market: 97 -1.91 (-1.93%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GKOS. Both in the recent history as in the last year, GKOS has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, GKOS did better than 93% of all other stocks. On top of that, GKOS also shows a nice and consistent pattern of rising prices.
GKOS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 92% of 192 stocks in the same industry.
GKOS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GKOS is leading the market.
In the last month GKOS has a been trading in the 93.18 - 103.66 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.
Weekly and Daily overview Charts
GKOS Weekly chart
GKOS Daily chart
Setup Rating and Analysis

7

GKOS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 101.31. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

71.45

102.32

4 important support areas can be observed.

  • Support @95.19 from a trend line in the weekly time frame.
  • A support zone ranging from 91.84 to 93.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 84.31 to 85.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @72.17 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 101.31 to 101.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.64
Mansfield1.84
10 Day High103.66
10 Day Low94.14
20 Day High103.66
20 Day Low93.18
52 Week High103.66
52 Week Low54.38
Performance
1 Week-2%
2 Weeks2.08%
1 Month4.88%
3 Month7.58%
6 Month54.04%
12 Month81.52%
2 Year142.25%
3 Year34.43%
5 Year53.4%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.37
RSI(14)56.62
LBB94.49
UBB101.69
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
101.3295.186.14 (6.06%)16.50%
An entry @101.32. This is a Buy Stop order right above the resistance zone.An exit @95.18. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.14 points, which is 6.06%.For a 1.00% total portfolio risk, you can invest 16.50% 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.
GKOS Daily chart

GLAUKOS CORP

NYSE:GKOS (5/1/2024, 7:04:01 PM)

After market: 97 -1.91 (-1.93%)

98.91

+2.91 (+3.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg3.03%
1 Week-2%
2 Weeks2.08%
1 Month4.88%
3 Month7.58%
6 Month54.04%
12 Month81.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.38
ATR(20)%3.45%
ATR Inc
Range Today7.56
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High103.66
10 Day Low94.14
20 Day High103.66
20 Day Low93.18
52 Week High103.66
52 Week Low54.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume664.40K
Volume Incr-9.09%
Vol(5)465.68K
Vol(50)526.16K