GELESIS HOLDINGS INC (GLS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GLS - US36850R2040 - Common Stock
We assign a technical rating of 0 out of 10 to GLS. GLS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, GLS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for GLS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.16
We can see 3 important resistance areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.19 from a trend 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 | DOWN | NEGATIVE | The long term trend for GLS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GLS is down. |
| ChartMill Relative Strength | 1.49 | NEGATIVE | GLS has a low relative strength, it was outperformed by 98.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.75 | NEUTRAL | The RSI value for GLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.68 | NEUTRAL | The Stochastics value for GLS is a neutral value. |
| Average True Range in percent/ATR (20) | 28.79 | HIGH VOLATILITY | The high ATR as a percentage value for GLS suggests high volalility. |
| Average Directional Index/ADX (14) | 10.41 | NEGATIVE | The low ADX value for GLS suggests a weak or negative trend. |
0.1586
+0 (+0.38%)
GELESIS HOLDINGS INC / GLS FAQ
What is the ChartMill technical rating of GELESIS HOLDINGS INC (GLS) stock?
ChartMill assigns a technical rating of 0 / 10 to GLS.
Can you provide the trend direction for GELESIS HOLDINGS INC?
The current trend direction for GELESIS HOLDINGS INC (GLS) is Bearish.
Can you provide the RSI signal for GELESIS HOLDINGS INC?
GELESIS HOLDINGS INC (GLS) has an RSI value of 41.7523. This indicates that the stock is currently neutral.
What is the short term momentum for GLS stock?
The short term momentum for GELESIS HOLDINGS INC (GLS) is negative.
Can you provide the buy/sell signal for GELESIS HOLDINGS INC?
The buy/sell signal for GELESIS HOLDINGS INC (GLS) is sell as both the short term and long term trends are negative.