GSK PLC-SPON ADR (GSK)       33.99  +0.3 (+0.89%)

33.99  +0.3 (+0.89%)

US37733W2044 - ADR - After market: 33.9999 +0.01 (+0.03%)

Technical Rating

5

We assign a technical rating of 5 out of 10 to GSK. GSK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.



GSK is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 74% of 254 stocks in the same industry.
In the last month GSK has a been trading in the 31.22 - 34.10 range, which is quite wide. It is currently trading near the high of this range.
GSK has an average volume of 6271130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, GSK outperforms 54% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
GSK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 3.88% 2.41% -22.86% -17.14% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 54.78 28.465 - 46.97
GSK Weekly chart
GSK Daily chart

Support/Resistance Analysis


31.19

39.79
When analyzing the support we can see 3 important areas.
  • A support zone ranging from 32.93 to 33.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @32.38 from a trend line in the daily time frame.
  • A support zone ranging from 31.51 to 31.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
  • A resistance zone ranging from 34.00 to 34.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @39.40 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

7

GSK has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.0. Right above this resistance zone may be a good entry point.


GSK Daily chart

GSK PLC-SPON ADR33.99

NYSE:GSK (11/25/2022, 7:04:14 PM)+0.3 (+0.89%)

After market: 33.9999 +0.01 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Pharmaceuticals
Performance
Today 0.89% 1 Week 4.3%
2 Weeks 1.55% 1 Month 3.88%
3 Month 2.41% 6 Month -22.86%
Volatility
ATR(14) 0.84 ATR(20)% 2.31%
ATR Inc -54.86% Range Today 0.28
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 54.78 Mansfield -1.21
10 Day High 34.05 10 Day Low 31.22
20 Day High 34.1 20 Day Low 31.22
52 Week High 46.97 52 Week Low 28.47
CS1 End 33.13 CR1 Start 34
Volume & EV
DER(3) 2.76% DER(5) 1.93%
Volume 1.65M Volume Incr -49.84%
Vol(5) 3.29M Vol(50) 6.27M

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA