GLOBAL SHIP LEASE INC-CL A (GSL) Stock Technical Analysis
NYSE:GSL - New York Stock Exchange, Inc. - MHY271836006 - Common Stock - Currency: USD
Overall GSL gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GSL is only an average performer.
Besides having an excellent technical rating, GSL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 26.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GSL 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.
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19.41
When analyzing the support we can see 3 important areas.
- Support @26.65 from a horizontal line in the daily time frame.
- A support zone ranging from 25.66 to 26.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.61 to 19.77. This zone is formed by a combination of multiple trend lines in the weekly 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 GSL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GSL is up. |
| ChartMill Relative Strength | 66.8 | NEUTRAL | GSL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GSL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.93 | NEUTRAL | The RSI value for GSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GSL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.21 | NEUTRAL | The Stochastics value for GSL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for GSL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.16 | POSITIVE | The high ADX value value for GSL 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 |
|---|---|---|---|
| 26.66 | 25.65 | 1.01 (3.79%) | 25.00% |
| An entry @26.66. This is a Buy Stop order right above the resistance zone. | An exit @25.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.01 points, which is 3.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.95%. |
- 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.
NYSE:GSL (7/3/2025, 7:32:41 PM)
26.73
+0.19 (+0.72%)