GLAUKOS CORP (GKOS) Technical Analysis
NYSE:GKOS • US3773221029
Current stock price
GKOS Technical Rating and Analysis
Overall GKOS gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GKOS is only an average performer.
- The long and short term trends are both positive. This is looking good!
- GKOS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 187 stocks in the same industry.
- GKOS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GKOS has a been trading in the 102.12 - 127.00 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, GKOS turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
GKOS Weekly and Daily overview Charts
GKOS Setup Rating and Analysis
Besides having an excellent technical rating, GKOS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 124.79. 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.
More info and screens
GKOS Support and Resistance Analysis
101.87
We found 2 important support areas.
- A support zone ranging from 112.18 to 114.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.90 to 103.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 124.79 to 125.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
GKOS Technical Indicator Signal Analysis
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 | 68.98 | 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) | 66.92 | NEUTRAL | The RSI value for GKOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.32 | POSITIVE | The MACD value suggests GKOS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.58 | OVERBOUGHT | The high Stochastics value suggests GKOS may be overbought. |
| Average True Range in percent/ATR (20) | 3.73 | MEDIUM VOLATILITY | The ATR as a percentage value for GKOS suggests some volalility. |
| Average Directional Index/ADX (14) | 25.41 | POSITIVE | The high ADX value value for GKOS suggests a strong trend. |
GKOS Chart- and CandleStick Pattern Analysis
GKOS 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 125.91 | 113.24 | 12.67 (10.06%) | 9.94% |
| An entry @125.91. This is a Buy Stop order right above the resistance zone. | An exit @113.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 12.67 points, which is 10.06%. | When investing 9.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
124.55
-0.24 (-0.19%)
GLAUKOS CORP / GKOS TA 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.
Can you provide the RSI signal for GLAUKOS CORP?
GLAUKOS CORP (GKOS) has an RSI value of 66.9219. This indicates that the stock is currently neutral.
What is the short term momentum for GKOS stock?
The short term momentum for GLAUKOS CORP (GKOS) is positive.
Can you provide the buy/sell signal for GLAUKOS CORP?
The buy/sell signal for GLAUKOS CORP (GKOS) is buy as both the short term and long term trends are positive.