GLADSTONE COMMERCIAL CORP (GOOD) Stock Technical Analysis
NASDAQ:GOOD • US3765361080
We assign a technical rating of 6 out of 10 to GOOD. GOOD has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 74% of all other stocks performed better in the past year than GOOD.
- GOOD is one of the lesser performing stocks in the Diversified REITs industry. 66% of 122 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month GOOD has a been trading in the 11.28 - 12.97 range, which is quite wide. It is currently trading near the high of this range.
- GOOD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GOOD is lagging the market.
GOOD has an average technical rating and the quality of the presented setup is also 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.
More info and screens
11.15
When analyzing the support we notice one important area.
- A support zone ranging from 11.26 to 11.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @12.56 from a horizontal line in the weekly 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 | 26.07 | NEGATIVE | GOOD has a low relative strength, it was outperformed by 73.93% off all stocks 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) | UP | POSITIVE | The current price of GOOD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GOOD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.91 | NEUTRAL | The RSI value for GOOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests GOOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.5 | NEUTRAL | The Stochastics value for GOOD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOD suggests some volalility. |
| Average Directional Index/ADX (14) | 32 | POSITIVE | The high ADX value value for GOOD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.57 | 11.40 | 1.17 (9.29%) | 10.77% |
| An entry @12.57. This is a Buy Stop order right above the resistance zone. | An exit @11.40. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.17 points, which is 9.29%. | For a 1.00% total portfolio risk, you can invest 10.77% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
12.49
-0.27 (-2.12%)
GLADSTONE COMMERCIAL CORP / GOOD FAQ
What is the technical rating for GOOD stock?
ChartMill assigns a technical rating of 6 / 10 to GOOD.
What is the current trend direction of GLADSTONE COMMERCIAL CORP (GOOD) stock?
The current trend direction for GLADSTONE COMMERCIAL CORP (GOOD) is Bearish.
What is the RSI signal for GOOD stock?
GLADSTONE COMMERCIAL CORP (GOOD) has an RSI value of 62.9116. This indicates that the stock is currently neutral.
What is the short term momentum for GOOD stock?
The short term momentum for GLADSTONE COMMERCIAL CORP (GOOD) is positive.
Can you provide the support and resistance levels for GLADSTONE COMMERCIAL CORP?
GLADSTONE COMMERCIAL CORP (GOOD) has a support level at 11.71 and a resistance level at 12.56. Check the full technical report for our detailed analysis of GOOD support and resistance levels.