GLOBAL NET LEASE INC (GNL) Technical Analysis
NYSE:GNL • US3793782018
Current stock price
GNL Technical Rating and Analysis
Overall GNL gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GNL is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- GNL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GNL is lagging the market slightly.
- In the last month GNL has a been trading in the 9.06 - 9.74 range, which is quite wide. It is currently trading near the high of this range.
- GNL has an average volume of 1970460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, GNL outperforms 66% of them, which is more or less in line with the market.
- GNL is part of the Diversified REITs industry. There are 122 other stocks in this industry, GNL did better than 65% of them.
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. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
GNL Support and Resistance Analysis
7.62
We found 3 important support areas.
- A support zone ranging from 9.16 to 9.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.82 from a trend line in the daily time frame.
- Support @7.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The short term trend for GNL is up. |
| ChartMill Relative Strength | 66.08 | NEUTRAL | GNL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GNL is above a declining 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) | 51.62 | NEUTRAL | The RSI value for GNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests GNL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.23 | NEUTRAL | The Stochastics value for GNL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for GNL suggests low volalility. |
| Average Directional Index/ADX (14) | 17.37 | NEGATIVE | The low ADX value for GNL suggests a weak or negative trend. |
GNL Chart- and CandleStick Pattern Analysis
GNL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.75 | 9.39 | 0.36 (3.71%) | 25.00% |
| An entry @9.75. This is a Buy Stop order right above the 10 day high. | An exit @9.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 3.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.93%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GNL Technicals: Chart, Performance Metrics, Trend & Indicators
9.53
-0.11 (-1.14%)
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 6 / 10 to GNL.
What is the trend direction for GNL stock?
The current trend direction for GLOBAL NET LEASE INC (GNL) is Bullish.
What is the RSI signal for GNL stock?
GLOBAL NET LEASE INC (GNL) has an RSI value of 51.6185. This indicates that the stock is currently neutral.
What is the short term momentum for GNL stock?
The short term momentum for GLOBAL NET LEASE INC (GNL) is positive.
What is the buy/sell signal for GLOBAL NET LEASE INC (GNL) stock?
The buy/sell signal for GLOBAL NET LEASE INC (GNL) is buy as both the short term and long term trends are positive.