GLOBAL NET LEASE INC (GNL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GNL - US3793782018 - REIT
Taking everything into account, GNL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, GNL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although GNL has an excellent technical rating, the quality of the presented setup is 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.
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6.68
We found 5 important support areas.
- A support zone ranging from 8.27 to 8.40. 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 7.83 to 8.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.54 to 7.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.99 from a horizontal line in the weekly time frame.
- A support zone ranging from 6.75 to 6.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.57 to 8.57. 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 | 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 | 74.07 | POSITIVE | GNL has a high relative strength, it outperformed 74.07% 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) | UP | POSITIVE | The current price of GNL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.69 | NEUTRAL | The RSI value for GNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GNL has a positive trend. |
| Stochastics (14,3) | 62.38 | NEUTRAL | The Stochastics value for GNL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for GNL suggests low volalility. |
| Average Directional Index/ADX (14) | 30.92 | POSITIVE | The high ADX value value for GNL suggests a strong trend. |
8.56
+0.11 (+1.3%)
GLOBAL NET LEASE INC / GNL FAQ
Can you provide the ChartMill technical rating for GLOBAL NET LEASE INC?
ChartMill assigns a technical rating of 9 / 10 to GNL.
Can you provide the trend direction for GLOBAL NET LEASE INC?
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 63.6851. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL NET LEASE INC?
The MACD indicator for GLOBAL NET LEASE INC (GNL) has a value of 0.00287369, indicating a bearish trend.
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.