GLADSTONE COMMERCIAL CORP (GOOD) Stock Technical Analysis
NASDAQ:GOOD - Nasdaq - US3765361080 - REIT - Currency: USD
We assign a technical rating of 0 out of 10 to GOOD. GOOD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GOOD is a bad performer in the overall market: 68% of all stocks are doing better.
GOOD is currently trading in the lower part 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.
In the last month GOOD has a been trading in the 13.43 - 14.48 range, which is quite wide. It is currently trading near the lows of this range.
GOOD is part of the Diversified REITs industry. There are 129 other stocks in this industry, GOOD did better than 43% of them.
GOOD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.57, a Stop Loss order could be placed below this zone.
More info and screens
13.29
16.40
We found 1 important support area.
- A support zone ranging from 13.42 to 13.57. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.09 to 14.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.87 from a trend line in the daily time frame.
- A resistance zone ranging from 16.22 to 16.24. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for GOOD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOOD is down. |
| ChartMill Relative Strength | 32.99 | NEUTRAL | GOOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOOD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOOD is below 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) | 40.09 | NEUTRAL | The RSI value for GOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GOOD has a negative trend. |
| Stochastics (14,3) | 49.17 | NEUTRAL | The Stochastics value for GOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for GOOD suggests low volalility. |
| Average Directional Index/ADX (14) | 36.64 | POSITIVE | The high ADX value value for GOOD suggests a strong 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)
13.77
-0.09 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.65%
1 Week-3.37%
2 Weeks-0.07%
1 Month-1.78%
3 Month-12.4%
6 Month-19.43%
12 Month-2.82%
2 Year17.79%
3 Year-32.13%
5 Year-23.16%
10 Year-20.54%
15 Year-15.21%
Volatility
ATR(14)0.29
ATR(20)%1.94%
ATR Inc13.44%
Range Today0.15
ADR(20)0.24
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.99
Mansfield-1.23
10 Day High14.48
10 Day Low13.66
20 Day High14.48
20 Day Low13.43
52 Week High17.88
52 Week Low12.67
CS1 End13.57
CR1 Start14.09
Volume & EV
DER(3)-2.92%
DER(5)-3.38%
Volume337.70K
Volume Incr24.06%
Vol(5)423.20K
Vol(50)392.36K