GLADSTONE COMMERCIAL CORP (GOOD) Stock Technical Analysis
NASDAQ:GOOD - Nasdaq - US3765361080 - REIT - Currency: USD
Overall GOOD gets a technical rating of 4 out of 10. In the past year, GOOD was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, GOOD outperforms 41% of them, which is more or less in line with the market.
GOOD is part of the Diversified REITs industry. There are 129 other stocks in this industry, GOOD did better than 53% of them.
GOOD 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 GOOD is lagging the market slightly.
In the last month GOOD has a been trading in the 13.66 - 15.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOOD has an average technical rating and it also does not offer a high 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
13.29
16.38
3 important support areas can be observed.
- A support zone ranging from 14.07 to 14.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.64 to 13.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.42 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.49 to 15.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.22 from a horizontal line in the daily time frame.
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 GOOD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOOD is up. |
| ChartMill Relative Strength | 41.85 | NEUTRAL | GOOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOOD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GOOD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOOD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.17 | NEUTRAL | The RSI value for GOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GOOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.83 | NEUTRAL | The Stochastics value for GOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for GOOD suggests low volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for GOOD suggests a possible start of a new 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)
14.48
-0.18 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.23%
1 Week0.14%
2 Weeks0.91%
1 Month1.61%
3 Month-2.75%
6 Month-14.07%
12 Month2.77%
2 Year17.06%
3 Year-23.14%
5 Year-22.77%
10 Year-12.56%
15 Year-11.38%
Volatility
ATR(14)0.23
ATR(20)%1.57%
ATR Inc-7.68%
Range Today0.23
ADR(20)0.21
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.85
Mansfield-0.95
10 Day High15.03
10 Day Low14.2
20 Day High15.03
20 Day Low13.66
52 Week High17.88
52 Week Low12.67
CS1 End14.48
CR1 Start14.49
Volume & EV
DER(3)-1.34%
DER(5)-2.71%
Volume299.30K
Volume Incr-14.48%
Vol(5)318.60K
Vol(50)359.45K