GSK PLC-SPON ADR (GSK) Technical Analysis
NYSE:GSK • US37733W2044
Current stock price
GSK Technical Rating and Analysis
Taking everything into account, GSK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, GSK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that GSK is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by GSK over the past year are nicely spread over this period.
- GSK is part of the Pharmaceuticals industry. There are 191 other stocks in this industry. GSK outperforms 73% of them.
- GSK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GSK is lagging the market slightly.
- In the last month GSK has a been trading in the 51.55 - 59.06 range, which is quite wide. It is currently trading near the high of this range.
- GSK has an average volume of 5478430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GSK Weekly and Daily overview Charts
GSK Setup Rating and Analysis
Although GSK has an excellent technical rating, it does not present a decent entry opportunity 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
GSK Support and Resistance Analysis
40.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 53.52 to 55.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.83 to 51.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.90 from a trend line in the daily time frame.
- Support @40.96 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 60.24 to 61.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
GSK Technical Indicator Signal Analysis
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 GSK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSK is up. |
| ChartMill Relative Strength | 87.91 | POSITIVE | GSK has a high relative strength, it outperformed 87.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.79 | NEUTRAL | The RSI value for GSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests GSK has a positive trend. |
| Stochastics (14,3) | 94.22 | OVERBOUGHT | The high Stochastics value suggests GSK may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for GSK suggests low volalility. |
| Average Directional Index/ADX (14) | 22.86 | NEUTRAL | The ADX value for GSK suggests a possible start of a new trend. |
GSK Chart- and CandleStick Pattern Analysis
GSK Technicals: Chart, Performance Metrics, Trend & Indicators
58.94
+0.73 (+1.25%)
GSK PLC-SPON ADR / GSK TA FAQ
Can you provide the ChartMill technical rating for GSK PLC-SPON ADR?
ChartMill assigns a technical rating of 10 / 10 to GSK.
What is the current trend direction of GSK PLC-SPON ADR (GSK) stock?
The current trend direction for GSK PLC-SPON ADR (GSK) is Bullish.
Can you provide the RSI signal for GSK PLC-SPON ADR?
GSK PLC-SPON ADR (GSK) has an RSI value of 66.7887. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GSK PLC-SPON ADR?
The MACD indicator for GSK PLC-SPON ADR (GSK) has a value of 0.567696, indicating a bearish trend.
What is the support and resistance level for GSK stock?
GSK PLC-SPON ADR (GSK) has a support level at 55.11 and a resistance level at 60.24. Check the full technical report for our detailed analysis of GSK support and resistance levels.