GAMING AND LEISURE PROPERTIE (GLPI) Stock Technical Analysis
USA - NASDAQ:GLPI - US36467J1088 - REIT
Overall GLPI gets a technical rating of 0 out of 10. GLPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
GLPI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 45.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.92, a Stop Loss order could be placed below this zone.
More info and screens
42.98
2 important support areas can be observed.
- A support zone ranging from 44.32 to 44.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.41 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 45.38 to 46.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.58 to 49.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.02 from a horizontal line in the weekly 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 GLPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLPI is down. |
| ChartMill Relative Strength | 19.88 | NEGATIVE | GLPI has a low relative strength, it was outperformed by 80.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLPI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.73 | NEUTRAL | The RSI value for GLPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests GLPI has a positive trend. |
| Stochastics (14,3) | 35.23 | NEUTRAL | The Stochastics value for GLPI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.47 | LOW VOLATILITY | The low ATR as a percentage value for GLPI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for GLPI suggests a possible start of a new trend. |
44.99
+0.18 (+0.4%)
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 0 / 10 to GLPI.
Can you provide the trend direction for GAMING AND LEISURE PROPERTIE?
The current trend direction for GAMING AND LEISURE PROPERTIE (GLPI) is Bearish.
Can you provide the RSI signal for GAMING AND LEISURE PROPERTIE?
GAMING AND LEISURE PROPERTIE (GLPI) has an RSI value of 41.7288. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GAMING AND LEISURE PROPERTIE?
The short term momentum for GAMING AND LEISURE PROPERTIE (GLPI) is negative.
What is the buy/sell signal for GAMING AND LEISURE PROPERTIE (GLPI) stock?
The buy/sell signal for GAMING AND LEISURE PROPERTIE (GLPI) is sell as both the short term and long term trends are negative.