GLAUKOS CORP (GKOS) Stock Technical Analysis
NYSE:GKOS - New York Stock Exchange, Inc. - US3773221029 - Common Stock - Currency: USD
Taking everything into account, GKOS scores 2 out of 10 in our technical rating. GKOS 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, GKOS is a bad performer in the overall market: 83% of all stocks are doing better.
GKOS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month GKOS has a been trading in the 96.04 - 106.82 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GKOS is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, GKOS did better than 50% of them.
GKOS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
81.45
108.69
When analyzing the support we can see 4 important areas.
- Support @88.72 from a trend line in the weekly time frame.
- Support @85.49 from a horizontal line in the weekly time frame.
- Support @83.65 from a horizontal line in the weekly time frame.
- Support @82.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 99.75 to 103.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 106.55 to 107.61. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for GKOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GKOS is down. |
| ChartMill Relative Strength | 17.23 | NEGATIVE | GKOS has a low relative strength, it was outperformed by 82.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GKOS is below a declining 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) | DOWN | NEGATIVE | The current price of GKOS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.47 | NEUTRAL | The RSI value for GKOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.99 | NEGATIVE | The MACD value suggests GKOS has a negative trend. |
| Stochastics (14,3) | 6.21 | OVERSOLD | The low Stochastics value suggests GKOS may be oversold. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for GKOS suggests some volalility. |
| Average Directional Index/ADX (14) | 22.46 | NEUTRAL | The ADX value for GKOS suggests a possible start of a new 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)
96.73
-0.97 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.99%
1 Week-7.16%
2 Weeks-4.66%
1 Month-3.41%
3 Month0.05%
6 Month-39.63%
12 Month-19.27%
2 Year25.4%
3 Year79.63%
5 Year121.35%
10 Year204.28%
15 YearN/A
Volatility
ATR(14)3.26
ATR(20)%3.33%
ATR Inc-32.28%
Range Today1.95
ADR(20)3.1
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.23
Mansfield-2.63
10 Day High106.82
10 Day Low96.69
20 Day High106.82
20 Day Low96.04
52 Week High163.71
52 Week Low77.1
CS1 End88.72
CR1 Start99.75
Volume & EV
DER(3)0.45%
DER(5)0.81%
Volume618.76K
Volume Incr3.9%
Vol(5)869.11K
Vol(50)842.40K