GLATFELTER CORP (GLT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GLT - US3773201062 - Common Stock
Overall GLT gets a technical rating of 3 out of 10. 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.
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
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.
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. |
21.05
-1.57 (-6.94%)
GLATFELTER CORP / GLT FAQ
Can you provide the ChartMill technical rating for GLATFELTER CORP?
ChartMill assigns a technical rating of 3 / 10 to GLT.
Can you provide the trend direction for GLATFELTER CORP?
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 short term momentum for GLATFELTER CORP (GLT) stock?
The short term momentum for GLATFELTER CORP (GLT) is neutral.
Can you provide the support and resistance levels for GLATFELTER CORP?
GLATFELTER CORP (GLT) has a support level at 18.48 and a resistance level at 21.06. Check the full technical report for our detailed analysis of GLT support and resistance levels.