GNL Technical Analysis - GLOBAL NET LEASE INC

Technical Rating and Analysis

Taking everything into account, GNL scores 1 out of 10 in our technical rating. GNL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, GNL is a bad performer in the overall market: 61% of all stocks are doing better.

In the last month GNL has a been trading in the 7.51 - 8.32 range, which is quite wide. It is currently trading near the lows of this range.

GNL has an average volume of 1285100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

GNL is an average performer in the Diversified REITs industry, it outperforms 65% of 127 stocks in the same industry.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

GLOBAL NET LEASE INC / GNL Weekly stock chart

GLOBAL NET LEASE INC / GNL Daily stock chart

Setup Rating and Analysis

GNL has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.68

8.42

When analyzing the support we can see 2 important areas.

Support @7.58 from a horizontal line in the daily time frame.
A support zone ranging from 6.75 to 6.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

A resistance zone ranging from 7.67 to 7.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 8.08 to 8.34. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for GNL is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for GNL is down.
ChartMill Relative Strength	39.49	NEUTRAL	GNL is not amongst the best or worst performers 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)	40.27	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.
Stochastics (14,3)	21.46	NEUTRAL	The Stochastics value for GNL is a neutral value.
Average True Range in percent/ATR (20)	1.94	LOW VOLATILITY	The low ATR as a percentage value for GNL suggests low volalility.
Average Directional Index/ADX (14)	23.19	NEUTRAL	The ADX value for GNL suggests a possible start of a new trend.