GLOBAL NET LEASE INC (GNL) Technical Analysis
NYSE:GNL • US3793782018
Current stock price
GNL Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to GNL. In the last year, GNL was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month GNL has a been trading in the 9.06 - 9.84 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that GNL is one of the better performing stocks in the market, outperforming 75% of all stocks.
- GNL is part of the Diversified REITs industry. There are 123 other stocks in this industry. GNL outperforms 83% of them.
- GNL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GNL is performing more or less in line with the market.
- GNL has an average volume of 2038950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GNL Weekly and Daily overview Charts
GNL Setup Rating and Analysis
GNL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GNL 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
GNL Support and Resistance Analysis
7.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.16 to 9.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.82 from a trend line in the weekly time frame.
- Support @8.64 from a trend line in the daily time frame.
- A support zone ranging from 7.64 to 7.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.38 to 9.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.86 to 9.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
GNL 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 | UP | POSITIVE | The long term trend for GNL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GNL is down. |
| ChartMill Relative Strength | 75.29 | POSITIVE | GNL has a high relative strength, it outperformed 75.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GNL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GNL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GNL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.69 | NEUTRAL | The RSI value for GNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GNL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.37 | OVERSOLD | The low Stochastics value suggests GNL may be oversold. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for GNL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for GNL suggests a weak or negative trend. |
GNL Chart- and CandleStick Pattern Analysis
GNL Technicals: Chart, Performance Metrics, Trend & Indicators
9.17
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GLOBAL NET LEASE INC / GNL TA FAQ
Can you provide the ChartMill technical rating for GLOBAL NET LEASE INC?
ChartMill assigns a technical rating of 5 / 10 to GNL.
What is the current trend direction of GLOBAL NET LEASE INC (GNL) stock?
The current trend direction for GLOBAL NET LEASE INC (GNL) is Bullish.
Can you provide the RSI signal for GLOBAL NET LEASE INC?
GLOBAL NET LEASE INC (GNL) has an RSI value of 40.6863. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GLOBAL NET LEASE INC?
The short term momentum for GLOBAL NET LEASE INC (GNL) is negative.
What are the support and resistance levels for GLOBAL NET LEASE INC (GNL) stock?
GLOBAL NET LEASE INC (GNL) has a support level at 9.16 and a resistance level at 9.38. Check the full technical report for our detailed analysis of GNL support and resistance levels.