THEMES GLBL SYST IMPRT BNKS (GSIB) Stock Technical Analysis
USA - NASDAQ:GSIB - US8829276018 - ETF
We assign a technical rating of 8 out of 10 to GSIB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although GSIB has an excellent technical rating, the quality of the presented setup is 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.
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36.98
We found 2 important support areas.
- A support zone ranging from 45.71 to 47.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.35 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.37 to 48.37. 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 | UP | POSITIVE | The long term trend for GSIB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSIB is neutral. |
| ChartMill Relative Strength | 83.79 | POSITIVE | GSIB has a high relative strength, it outperformed 83.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GSIB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSIB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSIB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.16 | NEUTRAL | The RSI value for GSIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests GSIB has a positive trend. |
| Stochastics (14,3) | 84.55 | OVERBOUGHT | The high Stochastics value suggests GSIB may be overbought. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for GSIB suggests low volalility. |
| Average Directional Index/ADX (14) | 16.48 | NEGATIVE | The low ADX value for GSIB suggests a weak or negative trend. |
48.19
+0.73 (+1.54%)
THEMES GLBL SYST IMPRT BNKS / GSIB FAQ
Can you provide the ChartMill technical rating for THEMES GLBL SYST IMPRT BNKS?
ChartMill assigns a technical rating of 8 / 10 to GSIB.
What is the trend direction for GSIB stock?
The current trend direction for THEMES GLBL SYST IMPRT BNKS (GSIB) is Bullish.
What is the RSI signal for THEMES GLBL SYST IMPRT BNKS (GSIB) stock?
THEMES GLBL SYST IMPRT BNKS (GSIB) has an RSI value of 58.1555. This indicates that the stock is currently neutral.
What are the support and resistance levels for THEMES GLBL SYST IMPRT BNKS (GSIB) stock?
THEMES GLBL SYST IMPRT BNKS (GSIB) has a support level at 47.19 and a resistance level at 48.37. Check the full technical report for our detailed analysis of GSIB support and resistance levels.