GLOBAL NET LEASE INC (GNL) Stock Technical Analysis
NYSE:GNL - New York Stock Exchange, Inc. - US3793782018 - REIT - Currency: USD
Overall GNL gets a technical rating of 1 out of 10. GNL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
64% of all other stocks performed better in the past year than GNL.
In the last month GNL has a been trading in the 7.21 - 7.95 range, which is quite wide. It is currently trading near the lows of this range.
GNL has an average volume of 1835580 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 42% of 129 stocks in the same industry.
GNL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GNL is lagging the market slightly.
Volume is considerably higher in the last couple of days.
The technical rating of GNL is bad and it also does not present a quality setup 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
6.91
8.35
We found 1 important support area.
- A support zone ranging from 6.98 to 7.12. 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 7.53 to 7.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.80 to 8.27. 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 | DOWN | NEGATIVE | The short term trend for GNL is down. |
| ChartMill Relative Strength | 36.34 | 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) | DOWN | NEGATIVE | The current price of GNL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.38 | NEUTRAL | The RSI value for GNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GNL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.72 | OVERSOLD | The low Stochastics value suggests GNL may be oversold. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GNL suggests some volalility. |
| Average Directional Index/ADX (14) | 14.78 | NEGATIVE | The low ADX value for GNL suggests a weak or negative 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)
7.33
+0.09 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.24%
1 Week-4.56%
2 Weeks-3.17%
1 Month-5.54%
3 Month-6.39%
6 Month2.52%
12 Month2.95%
2 Year-28.7%
3 Year-48.23%
5 Year-56.19%
10 Year-72.36%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%2.23%
ATR Inc16.53%
Range Today0.19
ADR(20)0.16
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.34
Mansfield-0.99
10 Day High7.85
10 Day Low7.21
20 Day High7.95
20 Day Low7.21
52 Week High9.11
52 Week Low6.51
CS1 End7.12
CR1 Start7.53
Volume & EV
DER(3)4.58%
DER(5)2.08%
Volume2.72M
Volume Incr124.55%
Vol(5)2.91M
Vol(50)1.84M