GLOBAL NET LEASE INC (GNL) Stock Technical Analysis
NYSE:GNL - New York Stock Exchange, Inc. - US3793782018 - REIT - Currency: USD
We assign a technical rating of 4 out of 10 to GNL. In the last year, GNL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
GNL is part of the Diversified REITs industry. There are 129 other stocks in this industry. GNL outperforms 81% of them.
GNL has an average volume of 1878550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, GNL did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
In the last month GNL has a been trading in the 7.35 - 8.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GNL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for GNL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.74
8.35
3 important support areas can be observed.
- A support zone ranging from 7.68 to 7.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
- Support @6.81 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.84 to 8.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for GNL is neutral. |
| ChartMill Relative Strength | 74.37 | POSITIVE | GNL has a high relative strength, it outperformed 74.37% 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) | DOWN | MIXED | The current price of GNL is above a declining 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) | 50.99 | NEUTRAL | The RSI value for GNL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GNL has a negative trend. |
| Stochastics (14,3) | 35.77 | NEUTRAL | The Stochastics value for GNL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for GNL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.18 | 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)
7.73
+0.17 (+2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.25%
1 Week-3.13%
2 Weeks-4.33%
1 Month2.66%
3 Month6.62%
6 Month5.03%
12 Month4.04%
2 Year-19.65%
3 Year-46.58%
5 Year-44.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%2.14%
ATR Inc18.37%
Range Today0.25
ADR(20)0.16
ADR(20)%2.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.37
Mansfield-0.25
10 Day High8.16
10 Day Low7.48
20 Day High8.17
20 Day Low7.35
52 Week High9.11
52 Week Low6.51
CS1 End7.72
CR1 Start7.84
Volume & EV
DER(3)4.08%
DER(5)1.46%
Volume1.48M
Volume Incr-12.78%
Vol(5)1.34M
Vol(50)1.88M