GATES INDUSTRIAL CORP PLC (GTES) Stock Technical Analysis
NYSE:GTES - New York Stock Exchange, Inc. - GB00BD9G2S12 - Common Stock - Currency: USD
Taking everything into account, GTES 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, GTES is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that GTES is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, GTES also shows a nice and consistent pattern of rising prices.
GTES is part of the Machinery industry. There are 127 other stocks in this industry. GTES outperforms 78% of them.
GTES is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GTES is lagging the market slightly.
GTES has an average volume of 1834220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GTES has a been trading in the 23.51 - 25.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GTES has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.24, a Stop Loss order could be placed below this zone.
More info and screens
15.26
25.58
4 important support areas can be observed.
- A support zone ranging from 24.21 to 24.24. 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 23.38 to 23.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.13 from a trend line in the weekly time frame.
- Support @15.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.31 to 25.33. 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 GTES is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GTES is neutral. |
| ChartMill Relative Strength | 85.84 | POSITIVE | GTES has a high relative strength, it outperformed 85.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GTES is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GTES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GTES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.14 | NEUTRAL | The RSI value for GTES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests GTES has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.38 | NEUTRAL | The Stochastics value for GTES is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for GTES suggests some volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for GTES suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 25.34 | 24.20 | 1.14 (4.50%) | 22.23% |
| An entry @25.34. This is a Buy Stop order right above the resistance zone. | An exit @24.20. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.14 points, which is 4.50%. | When investing 22.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of GTES. Please evaluate whether better entry and exit points can be found.
- 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:GTES (8/19/2025, 3:09:05 PM)
24.435
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.06%
1 Week3.25%
2 Weeks-0.77%
1 Month0.7%
3 Month16.76%
6 Month9.89%
12 Month35.83%
2 Year99.1%
3 Year128.08%
5 Year116.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%2.85%
ATR Inc-25.87%
Range Today0.43
ADR(20)0.65
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.84
Mansfield0.84
10 Day High25.37
10 Day Low23.51
20 Day High25.66
20 Day Low23.51
52 Week High25.66
52 Week Low14.7
CS1 End24.24
CR1 Start25.31
Volume & EV
DER(3)0.77%
DER(5)2.43%
Volume487.23K
Volume Incr-19.53%
Vol(5)1.71M
Vol(50)1.83M