GSK PLC-SPON ADR (GSK) Stock Technical Analysis
NYSE:GSK - New York Stock Exchange, Inc. - US37733W2044 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to GSK. GSK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
76% of all other stocks performed better in the past year than GSK.
In the last month GSK has a been trading in the 35.45 - 40.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
GSK has an average volume of 5431390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
GSK is part of the Pharmaceuticals industry. There are 194 other stocks in this industry, GSK did better than 49% of them.
GSK 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 GSK is lagging the market slightly.
GSK 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 36.55, a Stop Loss order could be placed below this zone.
More info and screens
32.75
42.93
We found 3 important support areas.
- A support zone ranging from 36.22 to 36.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.55 from a trend line in the daily time frame.
- Support @33.08 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 37.63 to 38.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.62 to 41.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @42.50 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 GSK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSK is neutral. |
| ChartMill Relative Strength | 24.87 | NEGATIVE | GSK has a low relative strength, it was outperformed by 75.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GSK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GSK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GSK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.96 | NEUTRAL | The RSI value for GSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests GSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.77 | NEUTRAL | The Stochastics value for GSK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for GSK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.1 | NEGATIVE | The low ADX value for GSK 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)
37.56
+0.41 (+1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.1%
1 Week-1.08%
2 Weeks3.44%
1 Month-1.62%
3 Month-3.86%
6 Month6.49%
12 Month-7.08%
2 Year6.92%
3 Year15.64%
5 Year-5.15%
10 Year-8.23%
15 Year0.43%
Volatility
ATR(14)1.11
ATR(20)%2.69%
ATR Inc18.45%
Range Today0.61
ADR(20)0.85
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.87
Mansfield-0.68
10 Day High39.17
10 Day Low36.19
20 Day High40.11
20 Day Low35.45
52 Week High44.67
52 Week Low31.72
CS1 End36.55
CR1 Start37.63
Volume & EV
DER(3)0.3%
DER(5)0.62%
Volume3.68M
Volume Incr-1.66%
Vol(5)5.92M
Vol(50)5.43M