GAP INC/THE (GAP)

US3647601083 - Common Stock

24.11  +0.23 (+0.96%)

After market: 24.25 +0.14 (+0.58%)

Technical Rating and Analysis

8

Taking everything into account, GAP scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, GAP has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month GAP has a been trading in the 23.25 - 26.41 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
GAP is one of the better performing stocks in the Specialty Retail industry, it outperforms 74% of 122 stocks in the same industry.
GAP has an average volume of 6238690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GAP is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this relatively good performance is mostly due to a recent big move.
GAP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GAP is lagging the market slightly.
Weekly and Daily overview Charts
GAP Weekly chart
GAP Daily chart
Setup Rating and Analysis

6

GAP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.72. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

19.63

26.26

We found 4 important support areas.

  • Support @22.04 from a trend line in the weekly time frame.
  • A support zone ranging from 21.11 to 21.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 20.62 to 20.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.83 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 25.72 to 26.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.76
Mansfield-0.22
10 Day High26.41
10 Day Low23.25
20 Day High26.41
20 Day Low23.25
52 Week High30.75
52 Week Low18.34
Performance
1 Week-0.74%
2 Weeks-7.27%
1 Month9.39%
3 Month18.65%
6 Month-2.39%
12 Month13.89%
2 Year113.74%
3 Year36.6%
5 Year36.37%
10 Year-42.75%
15 Year15.08%
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)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)50.76
LBB23.45
UBB26.45
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
24.6123.241.37 (5.56%)18.00%
An entry @24.61. This is a Buy Stop order right above the 10 day moving average.An exit @23.24. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.37 points, which is 5.56%.For a 1.00% total portfolio risk, you can invest 18.00% of your capital in this trade.

  • 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.
GAP Daily chart

GAP INC/THE

NYSE:GAP (12/20/2024, 10:06:46 PM)

After market: 24.25 +0.14 (+0.58%)

24.11

+0.23 (+0.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.96%
1 Week-0.74%
2 Weeks-7.27%
1 Month9.39%
3 Month18.65%
6 Month-2.39%
12 Month13.89%
2 Year113.74%
3 Year36.6%
5 Year36.37%
10 Year-42.75%
15 Year15.08%
Volatility
ATR(14)0.83
ATR(20)%4.37%
ATR Inc2.88%
Range Today0.96
ADR(20)0.94
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.76
Mansfield-0.22
10 Day High26.41
10 Day Low23.25
20 Day High26.41
20 Day Low23.25
52 Week High30.75
52 Week Low18.34
CS1 End22.04
CR1 Start25.72
Volume & EV
DER(3)-0.84%
DER(5)0.17%
Volume11.01M
Volume Incr-27.52%
Vol(5)6.44M
Vol(50)6.24M