GLATFELTER CORP (GLT) Technical Analysis
NYSE:GLT • US3773201062
Current stock price
21.05 USD
-1.57 (-6.94%)
At close:
21.05 USD
0 (0%)
After Hours:
GLT Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to GLT. GLT 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.
- GLT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GLT is lagging the market.
- In the last month GLT has a been trading in the 20.07 - 26.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- GLT is one of the better performing stocks in the Paper & Forest Products industry, it outperforms 87% of 9 stocks in the same industry.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, GLT turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
GLT Weekly and Daily overview Charts
GLT Setup Rating and Analysis
The technical rating of GLT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
GLT Support and Resistance Analysis
17.37
24.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.07 to 18.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.55 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.06 to 21.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 22.60 to 23.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.18 to 24.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
GLT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GLT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLT is neutral. |
| ChartMill Relative Strength | 46.53 | NEUTRAL | GLT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GLT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.49 | NEUTRAL | The RSI value for GLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests GLT has a negative trend. |
| Stochastics (14,3) | 24.04 | NEUTRAL | The Stochastics value for GLT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.17 | HIGH VOLATILITY | The high ATR as a percentage value for GLT suggests high volalility. |
| Average Directional Index/ADX (14) | 29.51 | POSITIVE | The high ADX value value for GLT suggests a strong trend. |
GLT Chart- and CandleStick Pattern Analysis
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)
GLT Technicals: Chart, Performance Metrics, Trend & Indicators
21.05
-1.57 (-6.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-6.94%
1 Week-10.04%
2 Weeks-5.31%
1 Month-8%
3 Month-4.75%
6 Month-0.66%
12 Month14.03%
2 Year-53.34%
3 Year-90.17%
5 Year-90.93%
10 Year-93.6%
15 Year-85.44%
Volatility
ATR(14)1.54
ATR(20)%7.17%
ATR Inc56.74%
Range Today2.73
ADR(20)1.46
ADR(20)%6.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.53
3 months CRSN/A
6 months CRSN/A
Mansfield-1.3
10 Day High26.78
10 Day Low20.07
20 Day High26.78
20 Day Low20.07
52 Week High35.23
52 Week Low15.8
CS1 End18.48
CR1 Start21.06
Volume & EV
DER(3)-2.04%
DER(5)-0.56%
Volume339.30K
Volume Incr638.85%
Vol(5)1.92M
Vol(50)431.39K
GLATFELTER CORP / GLT TA FAQ
Can you provide the ChartMill technical rating for GLATFELTER CORP?
ChartMill assigns a technical rating of 3 / 10 to GLT.
What is the current trend direction of GLATFELTER CORP (GLT) stock?
The current trend direction for GLATFELTER CORP (GLT) is Bearish.
What is the RSI signal for GLT stock?
GLATFELTER CORP (GLT) has an RSI value of 41.4922. This indicates that the stock is currently neutral.
What is the MACD signal for GLT stock?
The MACD indicator for GLATFELTER CORP (GLT) has a value of -0.108151, indicating a bearish trend.
Can you provide the short term momentum for GLATFELTER CORP?
The short term momentum for GLATFELTER CORP (GLT) is neutral.