GRUPO FINANCIERO GALICIA-ADR (GGAL)
US3999091008 - ADR
Overall GGAL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GGAL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GGAL did better than 98% of all other stocks. On top of that, GGAL also shows a nice and consistent pattern of rising prices.
GGAL is one of the better performing stocks in the Banks industry, it outperforms 99% of 404 stocks in the same industry.
GGAL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GGAL has a been trading in the 50.21 - 59.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, GGAL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 55.92, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
32.30
56.49
4 important support areas can be observed.
- A support zone ranging from 55.40 to 55.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.29 from a trend line in the daily time frame.
- Support @51.74 from a horizontal line in the daily time frame.
- Support @32.63 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.62
Mansfield5.93
10 Day High59.79
10 Day Low52.12
20 Day High59.79
20 Day Low50.21
52 Week High59.79
52 Week Low15.32
Performance
1 Week2.23%
2 Weeks2.14%
1 Month5.67%
3 Month61.27%
6 Month72.25%
12 Month265.08%
2 Year590.49%
3 Year544.36%
5 Year318.64%
10 Year249.34%
15 Year947.38%
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)-0.03
RSI(14)59.63
LBB51.15
UBB59.06
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 |
|---|---|---|---|
| 59.80 | 55.39 | 4.41 (7.37%) | 13.56% |
| An entry @59.80. This is a Buy Stop order right above the 10 day high. | An exit @55.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.41 points, which is 7.37%. | For a 1.00% total portfolio risk, you can invest 13.56% 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.
GRUPO FINANCIERO GALICIA-ADR
NASDAQ:GGAL (11/21/2024, 6:23:24 PM)
After market: 55.93 0 (0%)55.93
-1.73 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3%
1 Week2.23%
2 Weeks2.14%
1 Month5.67%
3 Month61.27%
6 Month72.25%
12 Month265.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.62
ATR(20)%4.38%
ATR Inc
Range Today2.96
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High59.79
10 Day Low52.12
20 Day High59.79
20 Day Low50.21
52 Week High59.79
52 Week Low15.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.43M
Volume Incr58%
Vol(5)1.40M
Vol(50)961.77K