GAMING AND LEISURE PROPERTIE (GLPI) Stock Technical Analysis
NASDAQ:GLPI - Nasdaq - US36467J1088 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to GLPI. GLPI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month GLPI has a been trading in the 45.61 - 48.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
GLPI has an average volume of 1590280 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 46% of them, which is more or less in line with the market.
GLPI is an average performer in the Specialized REITs industry, it outperforms 44% of 30 stocks in the same industry.
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.
GLPI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
45.57
52.87
We can see 4 important resistance areas.
- A resistance zone ranging from 46.46 to 46.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 47.98 to 49.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 52.02 to 52.35. This zone is formed by a combination of multiple trend lines 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 | 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 | 46.1 | NEUTRAL | GLPI is not amongst the best or worst performers 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) | 39.32 | NEUTRAL | The RSI value for GLPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GLPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.17 | NEUTRAL | The Stochastics value for GLPI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.9 | LOW VOLATILITY | The low ATR as a percentage value for GLPI suggests low volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for GLPI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
46.03
-0.35 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.75%
1 Week-1.83%
2 Weeks-0.84%
1 Month-6.12%
3 Month-6.29%
6 Month-9.6%
12 Month3.09%
2 Year-4.38%
3 Year-1.69%
5 Year33.27%
10 Year28.28%
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%1.9%
ATR Inc4.41%
Range Today0.57
ADR(20)0.81
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.1
Mansfield-0.78
10 Day High47.76
10 Day Low45.61
20 Day High48.55
20 Day Low45.61
52 Week High52.6
52 Week Low42.86
CS1 EndN/A
CR1 Start46.46
Volume & EV
DER(3)1.75%
DER(5)2.19%
Volume1.73M
Volume Incr-8.83%
Vol(5)1.66M
Vol(50)1.59M