GAZIT GLOBE LTD (GZT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GZT -
We assign a technical rating of 4 out of 10 to GZT. 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.
Although the technical rating is only medium, GZT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
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.
We can see 4 important resistance areas.
- 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. |
NYSE:GZT (3/7/2019, 8:12:15 PM)
8.05
+0.11 (+1.39%)
GAZIT GLOBE LTD / GZT FAQ
What is the ChartMill technical rating of GAZIT GLOBE LTD (GZT) stock?
ChartMill assigns a technical rating of 4 / 10 to GZT.
What is the current trend direction of GAZIT GLOBE LTD (GZT) stock?
The current trend direction for GAZIT GLOBE LTD (GZT) is Bearish.
What is the RSI signal for GZT stock?
GAZIT GLOBE LTD (GZT) has an RSI value of 53.9451. This indicates that the stock is currently neutral.
What is the MACD signal for GZT stock?
The MACD indicator for GAZIT GLOBE LTD (GZT) has a value of 0.00241573, indicating a bearish trend.
What is the short term momentum for GZT stock?
The short term momentum for GAZIT GLOBE LTD (GZT) is neutral.