GSK PLC-SPON ADR (GSK) Stock Technical Analysis
USA - NYSE:GSK - US37733W2044 - ADR
Overall GSK gets a technical rating of 10 out of 10. 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.
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. A pullback is taking place, which may present a nice opportunity for an entry.
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35.86
We found 7 important support areas.
- A support zone ranging from 45.01 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 42.77 to 43.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.71 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.87 to 47.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 86.87 | POSITIVE | GSK has a high relative strength, it outperformed 86.87% 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) | 62.82 | NEUTRAL | The RSI value for GSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests GSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.17 | 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) | 33 | POSITIVE | The high ADX value value for GSK suggests a strong trend. |
46.63
-0.47 (-1%)
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 62.8154. 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 and a resistance level at 46.87. Check the full technical report for our detailed analysis of GSK support and resistance levels.