GLOBAL NET LEASE INC (GNL) Stock Technical Analysis
NYSE:GNL - US3793782018 - REIT
7.81 USD
-0.06 (-0.76%)
7.85 USD
+0.04 (+0.51%)
Taking everything into account, GNL scores 6 out of 10 in our technical rating. GNL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
77% of all other stocks performed better in the past year than GNL.
GNL is one of the lesser performing stocks in the Diversified REITs industry. 62% of 129 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month GNL has a been trading in the 6.77 - 7.99 range, which is quite wide. It is currently trading near the high of this range.
GNL has an average volume of 1800990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GNL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GNL is lagging the market.
Considerably lower volume is observed in the last couple of days.
GNL has an average technical rating and the quality of the presented setup is also not ideal 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
6.68
9.06
We found 4 important support areas.
- A support zone ranging from 7.75 to 7.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.55 to 7.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.02 from a horizontal line in the daily time frame.
- A support zone ranging from 6.75 to 6.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.85 to 7.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 8.04 to 8.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.97 to 8.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 GNL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GNL is up. |
| ChartMill Relative Strength | 23.39 | NEGATIVE | GNL has a low relative strength, it was outperformed by 76.61% off all stocks 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) | UP | POSITIVE | The current price of GNL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GNL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.43 | NEUTRAL | The RSI value for GNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GNL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.47 | NEUTRAL | The Stochastics value for GNL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for GNL suggests some volalility. |
| Average Directional Index/ADX (14) | 34.84 | POSITIVE | The high ADX value value for GNL 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)
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 |
|---|---|---|---|
| 7.89 | 7.74 | 0.15 (1.90%) | 25.00% |
| An entry @7.89. This is a Buy Stop order right above the resistance zone. | An exit @7.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 1.90%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of GNL. Please evaluate whether better entry and exit points can be found.
- 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.
7.81
-0.06 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.76%
1 Week0.13%
2 Weeks5.21%
1 Month14.39%
3 Month1.42%
6 Month-1.62%
12 Month-8.7%
2 Year-30.66%
3 Year-42.85%
5 Year-55.03%
10 Year-69.6%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.34%
ATR Inc-36.62%
Range Today0.14
ADR(20)0.17
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.39
Mansfield-0.63
10 Day High7.99
10 Day Low7.45
20 Day High7.99
20 Day Low6.77
52 Week High9.11
52 Week Low6.51
CS1 End7.85
CR1 Start7.88
Volume & EV
DER(3)-0.28%
DER(5)-1.32%
Volume1.49M
Volume Incr-39.17%
Vol(5)1.01M
Vol(50)1.80M