GLATFELTER CORP (GLT) Stock Technical Analysis
NYSE:GLT - New York Stock Exchange, Inc. - US3773201062 - Common Stock - Currency: USD
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 part of the Paper & Forest Products industry. There are 9 other stocks in this industry. GLT outperforms 100% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, GLT outperforms 46% of them, which is more or less in line with the market.
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
17.37
24.95
2 important support areas can be observed.
- 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.
We can see 3 important resistance 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.
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. |
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)
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
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