GAZIT GLOBE LTD (GZT) Stock Technical Analysis
NYSE:GZT - New York Stock Exchange, Inc. -
Overall GZT gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GZT was also a bad performer in the overall market in the last year.
80% of all other stocks performed better in the past year than GZT.
Warning: GZT has an average volume of 5692 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month GZT has a been trading in the 7.52 - 8.37 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
GZT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GZT is lagging the market.
Volume is considerably higher in the last couple of days.
GZT has only a medium technical rating, but it does show 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 7.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GZT 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.
More info and screens
6.85
9.50
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.82 to 7.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.92 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.06 to 8.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.47 from a trend line in the weekly time frame.
- Resistance @8.86 from a trend line in the weekly time frame.
- Resistance @9.41 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 | NEUTRAL | NEUTRAL | The long term trend for GZT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GZT is neutral. |
| ChartMill Relative Strength | 20.45 | NEGATIVE | GZT has a low relative strength, it was outperformed by 79.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GZT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GZT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GZT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.95 | NEUTRAL | The RSI value for GZT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GZT has a positive trend. |
| Stochastics (14,3) | 62.35 | NEUTRAL | The Stochastics value for GZT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for GZT suggests some 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)
NYSE:GZT (3/7/2019, 8:12:15 PM)
8.05
+0.11 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.39%
1 Week4.01%
2 Weeks0.63%
1 Month1.9%
3 Month3.07%
6 Month-12.02%
12 Month-19.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%2.88%
ATR Inc-10.64%
Range Today0.26
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
CRS20.45
Mansfield-0.87
10 Day High8.37
10 Day Low7.52
20 Day High8.37
20 Day Low7.52
52 Week High10.42
52 Week Low6.78
CS1 End7.96
CR1 Start8.06
Volume & EV
DER(3)-0.01%
DER(5)3.84%
Volume17.20K
Volume Incr190.06%
Vol(5)16.78K
Vol(50)5.69K