GAMING AND LEISURE PROPERTIE (GLPI) Technical Analysis
NASDAQ:GLPI • US36467J1088
Overall GLPI 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, GLPI is only an average performer.
- The long and short term trends are both positive. This is looking good!
- GLPI is part of the Specialized REITs industry. There are 28 other stocks in this industry. GLPI outperforms 70% of them.
- GLPI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- GLPI has an average volume of 2413270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, GLPI outperforms 61% of them, which is more or less in line with the market.
- GLPI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GLPI is lagging the market slightly.
Besides having an excellent technical rating, GLPI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
41.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.02 to 46.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.26 to 44.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 41.88 to 42.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 48.92 to 48.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.83 from a horizontal line 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 | UP | POSITIVE | The long term trend for GLPI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLPI is up. |
| ChartMill Relative Strength | 61.21 | NEUTRAL | GLPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLPI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GLPI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.64 | NEUTRAL | The RSI value for GLPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests GLPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.98 | OVERBOUGHT | The high Stochastics value suggests GLPI may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for GLPI suggests low volalility. |
| Average Directional Index/ADX (14) | 42.71 | POSITIVE | The high ADX value value for GLPI suggests a strong trend. |
GLPI Technicals: Chart, Performance Metrics, Trend & Indicators
48.91
-0.45 (-0.91%)
GAMING AND LEISURE PROPERTIE / GLPI FAQ
What is the ChartMill technical rating of GAMING AND LEISURE PROPERTIE (GLPI) stock?
ChartMill assigns a technical rating of 8 / 10 to GLPI.
What is the current trend direction of GAMING AND LEISURE PROPERTIE (GLPI) stock?
The current trend direction for GAMING AND LEISURE PROPERTIE (GLPI) is Bullish.
Can you provide the RSI signal for GAMING AND LEISURE PROPERTIE?
GAMING AND LEISURE PROPERTIE (GLPI) has an RSI value of 62.6383. This indicates that the stock is currently neutral.
What is the short term momentum for GAMING AND LEISURE PROPERTIE (GLPI) stock?
The short term momentum for GAMING AND LEISURE PROPERTIE (GLPI) is positive.
What is the support and resistance level for GLPI stock?
GAMING AND LEISURE PROPERTIE (GLPI) has a support level at 46.35 and a resistance level at 48.92. Check the full technical report for our detailed analysis of GLPI support and resistance levels.