GAMING AND LEISURE PROPERTIE (GLPI) Stock Technical Analysis
USA - NASDAQ:GLPI - US36467J1088 - REIT
46.87 USD
+0.29 (+0.62%)
46.87 USD
0 (0%)
We assign a technical rating of 0 out of 10 to GLPI. GLPI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
78% of all other stocks performed better in the past year than GLPI.
GLPI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
GLPI has an average volume of 1986720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GLPI is an average performer in the Specialized REITs industry, it outperforms 60% of 29 stocks in the same industry.
In the last month GLPI has a been trading in the 45.55 - 48.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GLPI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 46.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.49, a Stop Loss order could be placed below this zone.
More info and screens
45.07
52.87
When analyzing the support we notice one important area.
- A support zone ranging from 45.53 to 46.49. 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 3 important areas.
- A resistance zone ranging from 46.94 to 48.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.04 to 49.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for GLPI is neutral. |
| ChartMill Relative Strength | 22.58 | NEGATIVE | GLPI has a low relative strength, it was outperformed by 77.42% 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) | 48.83 | NEUTRAL | The RSI value for GLPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GLPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.15 | NEUTRAL | The Stochastics value for GLPI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for GLPI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.68 | NEGATIVE | The low ADX value for GLPI suggests a weak or negative 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)
46.87
+0.29 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.62%
1 Week-0.02%
2 Weeks0.54%
1 Month-3.22%
3 Month-2.78%
6 Month-2.13%
12 Month-8.1%
2 Year3.26%
3 Year-6.48%
5 Year28.94%
10 Year63.89%
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%1.51%
ATR Inc2.28%
Range Today0.58
ADR(20)0.67
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.58
Mansfield-1.34
10 Day High47.29
10 Day Low45.55
20 Day High48.44
20 Day Low45.55
52 Week High52.27
52 Week Low44.48
CS1 End46.49
CR1 Start46.94
Volume & EV
DER(3)-0.67%
DER(5)-1.02%
Volume1.59M
Volume Incr-17.98%
Vol(5)1.86M
Vol(50)1.99M