GSK PLC-SPON ADR (GSK) Stock Technical Analysis
NYSE:GSK - New York Stock Exchange, Inc. - US37733W2044 - ADR - Currency: USD
Taking everything into account, GSK scores 8 out of 10 in our technical rating. Although GSK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
GSK is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. GSK outperforms 70% 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 36.33 - 42.63 range, which is quite wide. It is currently trading near the high of this range.
GSK has an average volume of 5555460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, GSK turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
Although GSK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.34
42.91
We found 3 important support areas.
- A support zone ranging from 38.05 to 38.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.71 to 36.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.69 from a trend 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 | 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 | 58.55 | NEUTRAL | GSK is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of GSK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.73 | NEUTRAL | The RSI value for GSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests GSK has a positive trend. |
| Stochastics (14,3) | 93.96 | OVERBOUGHT | The high Stochastics value suggests GSK may be overbought. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for GSK suggests low volalility. |
| Average Directional Index/ADX (14) | 29.04 | POSITIVE | The high ADX value value for GSK suggests a strong 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)
42.49
+0.87 (+2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.09%
1 Week3.26%
2 Weeks6.23%
1 Month17.31%
3 Month7.6%
6 Month25.15%
12 Month4.53%
2 Year19.22%
3 Year-2.39%
5 Year4.17%
10 Year2.02%
15 Year24.93%
Volatility
ATR(14)0.72
ATR(20)%1.68%
ATR Inc4.89%
Range Today0.54
ADR(20)0.58
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.55
Mansfield0.6
10 Day High42.63
10 Day Low40.17
20 Day High42.63
20 Day Low36.33
52 Week High44.67
52 Week Low31.72
CS1 End38.96
CR1 StartN/A
Volume & EV
DER(3)2.05%
DER(5)0.32%
Volume3.56M
Volume Incr-17.71%
Vol(5)4.06M
Vol(50)5.56M