GLOBAL SHIP LEASE INC - GSL 8 12/31/24 (GSLD) Stock Technical Analysis
NYSE:GSLD - New York Stock Exchange, Inc. - USY271831478 - Currency: USD
Overall GSLD gets a technical rating of 4 out of 10. Although GSLD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
GSLD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GSLD is lagging the market.
Warning: GSLD has an average volume of 14336 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, GSLD did better than 79% of all other stocks. We also observe that the gains produced by GSLD over the past year are nicely spread over this period.
GSLD is one of the better performing stocks in the Marine Transportation industry, it outperforms 96% of 32 stocks in the same industry.
In the last month GSLD has a been trading in a tight range between 25.54 and 25.73.
Considerably lower volume is observed in the last couple of days.
GSLD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.70, a Stop Loss order could be placed below this zone.
More info and screens
24.77
26.66
We found 2 important support areas.
- A support zone ranging from 25.50 to 25.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.75 to 26.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for GSLD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GSLD is neutral. |
| ChartMill Relative Strength | 79.39 | POSITIVE | GSLD has a high relative strength, it outperformed 79.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GSLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GSLD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GSLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for GSLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GSLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.21 | OVERBOUGHT | The high Stochastics value suggests GSLD may be overbought. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for GSLD suggests low volalility. |
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)
GLOBAL SHIP LEASE INC - GSL 8 12/31/24
NYSE:GSLD (7/15/2022, 8:04:00 PM)
25.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0%
1 Week0.08%
2 Weeks0.16%
1 Month0.31%
3 Month-0.43%
6 Month-0.5%
12 Month-1.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.13%
ATR Inc-35.16%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.39
Mansfield1.22
10 Day High25.73
10 Day Low25.68
20 Day High25.73
20 Day Low25.54
52 Week High27.32
52 Week Low25.36
CS1 End25.7
CR1 Start25.75
Volume & EV
DER(3)0.24%
DER(5)-0.3%
Volume7.40K
Volume Incr-46.07%
Vol(5)9.06K
Vol(50)14.34K