GSK PLC-SPON ADR (GSK) Technical Analysis
NYSE:GSK • US37733W2044
Current stock price
GSK Technical Rating and Analysis
Overall GSK gets a technical rating of 7 out of 10. 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.
- In the last month GSK has a been trading in the 51.65 - 60.05 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that GSK is one of the better performing stocks in the market, outperforming 82% 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 192 other stocks in this industry. GSK outperforms 71% of them.
- GSK has an average volume of 5759440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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 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
40.08
We found 4 important support areas.
- A support zone ranging from 51.87 to 52.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.27 from a trend line in the daily time frame.
- Support @47.27 from a horizontal line in the daily time frame.
- Support @40.48 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.38 to 54.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.53 to 59.55. 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 | DOWN | NEGATIVE | The short term trend for GSK is down. |
| ChartMill Relative Strength | 82.92 | POSITIVE | GSK has a high relative strength, it outperformed 82.92% 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) | UP | MIXED | The current price of GSK is below 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) | 35.3 | NEUTRAL | The RSI value for GSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests GSK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.78 | OVERSOLD | The low Stochastics value suggests GSK may be oversold. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for GSK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for GSK suggests a strong trend. |
GSK Chart- and CandleStick Pattern Analysis
GSK Technicals: Chart, Performance Metrics, Trend & Indicators
52.37
+0.31 (+0.6%)
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 7 / 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.
What is the RSI signal for GSK PLC-SPON ADR (GSK) stock?
GSK PLC-SPON ADR (GSK) has an RSI value of 35.2992. This indicates that the stock is currently neutral.
What is the MACD signal for GSK PLC-SPON ADR (GSK) stock?
The MACD indicator for GSK PLC-SPON ADR (GSK) has a value of -0.676288, indicating a bearish trend.
Can you provide the short term momentum for GSK PLC-SPON ADR?
The short term momentum for GSK PLC-SPON ADR (GSK) is negative.