Gaslog Ltd (GLOG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GLOG -
We assign a technical rating of 5 out of 10 to GLOG. In the last year, GLOG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
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
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.
We found 1 important resistance 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.
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. |
5.79
-0.01 (-0.17%)
Gaslog Ltd / GLOG 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 current trend direction of Gaslog Ltd (GLOG) stock?
The current trend direction for Gaslog Ltd (GLOG) is Bullish.
What is the RSI signal for Gaslog Ltd (GLOG) stock?
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 are the support and resistance levels for Gaslog Ltd (GLOG) stock?
Gaslog Ltd (GLOG) has a support level at 5.78 and a resistance level at 5.8. Check the full technical report for our detailed analysis of GLOG support and resistance levels.