Gaslog Ltd (GLOG) Technical Analysis
NYSE:GLOG
Current stock price
GLOG Technical Rating and Analysis
Taking everything into account, GLOG scores 5 out of 10 in our technical rating. GLOG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- GLOG is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 60% are performing better than GLOG.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- GLOG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GLOG is performing more or less in line with the market.
- Looking at the yearly performance, GLOG did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month GLOG has a been trading in a tight range between 5.79 and 5.88.
GLOG Weekly and Daily overview Charts
GLOG Setup Rating and Analysis
Although the technical rating is only medium, GLOG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.78, a Stop Loss order could be placed below this zone.
More info and screens
GLOG Support and Resistance Analysis
5.62
We found 1 important support area.
- A support zone ranging from 5.68 to 5.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.80 to 5.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
GLOG 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 GLOG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLOG is neutral. |
| ChartMill Relative Strength | 77.64 | POSITIVE | GLOG has a high relative strength, it outperformed 77.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLOG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GLOG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLOG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.9 | NEUTRAL | The RSI value for GLOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GLOG has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests GLOG may be oversold. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for GLOG suggests low volalility. |
GLOG Chart- and CandleStick Pattern Analysis
GLOG Technicals: Chart, Performance Metrics, Trend & Indicators
5.79
-0.01 (-0.17%)
Gaslog Ltd / GLOG TA FAQ
What is the ChartMill technical rating of Gaslog Ltd (GLOG) stock?
ChartMill assigns a technical rating of 5 / 10 to GLOG.
What is the trend direction for GLOG stock?
The current trend direction for Gaslog Ltd (GLOG) is Bullish.
Can you provide the RSI signal for Gaslog Ltd?
Gaslog Ltd (GLOG) has an RSI value of 42.9046. This indicates that the stock is currently neutral.
What is the MACD signal for GLOG stock?
The MACD indicator for Gaslog Ltd (GLOG) has a value of -0.00567665, indicating a bearish trend.
What is the short term momentum for GLOG stock?
The short term momentum for Gaslog Ltd (GLOG) is neutral.