GETTY REALTY CORP (GTY) Stock Technical Analysis
NYSE:GTY - New York Stock Exchange, Inc. - US3742971092 - REIT - Currency: USD
Overall GTY gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GTY was also a bad performer in the overall market in the last year.
GTY has a bad technical rating, but it does show 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 28.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GTY in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.03
We found 3 important support areas.
- A support zone ranging from 27.52 to 28.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.79 to 26.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.29 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 28.78 to 29.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.29 to 31.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.37 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for GTY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GTY is neutral. |
| ChartMill Relative Strength | 26.56 | NEGATIVE | GTY has a low relative strength, it was outperformed by 73.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GTY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.8 | NEUTRAL | The RSI value for GTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests GTY has a positive trend. |
| Stochastics (14,3) | 78.06 | NEUTRAL | The Stochastics value for GTY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for GTY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for GTY suggests a possible start of a new trend. |
28.54
+0.5 (+1.78%)