GSK PLC-SPON ADR (GSK) Stock Technical Analysis
USA - NYSE:GSK - US37733W2044 - ADR
Taking everything into account, GSK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GSK is showing a nice and steady performance.
Besides having an excellent technical rating, GSK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 45.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GSK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
35.86
We found 7 important support areas.
- A support zone ranging from 44.30 to 45.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 42.23 to 43.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.43 from a trend line in the daily time frame.
- Support @39.85 from a horizontal line in the daily time frame.
- Support @38.96 from a horizontal line in the daily time frame.
- Support @38.22 from a trend line in the weekly time frame.
- Support @36.22 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 | 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 | 85.51 | POSITIVE | GSK has a high relative strength, it outperformed 85.51% 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) | 64.06 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 89.73 | OVERBOUGHT | The high Stochastics value suggests GSK may be overbought. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for GSK suggests some volalility. |
| Average Directional Index/ADX (14) | 31.22 | POSITIVE | The high ADX value value for GSK suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.17 | 44.29 | 2.88 (6.11%) | 16.38% |
| An entry @47.17. This is a Buy Stop order right above the 10 day high. | An exit @44.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.88 points, which is 6.11%. | When investing 16.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
46.35
-0.51 (-1.09%)
GSK PLC-SPON ADR / GSK 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 trend direction for 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 64.0568. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for GSK PLC-SPON ADR?
The buy/sell signal for GSK PLC-SPON ADR (GSK) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for GSK PLC-SPON ADR (GSK) stock?
GSK PLC-SPON ADR (GSK) has a support level at 45.06. Check the full technical report for our detailed analysis of GSK support and resistance levels.