GRUPO FINANCIERO GALICIA-ADR (GGAL) Stock Technical Analysis
NASDAQ:GGAL - Nasdaq - US3999091008 - ADR - Currency: USD
Overall GGAL gets a technical rating of 5 out of 10. GGAL was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
When comparing the yearly performance of all stocks, we notice that GGAL is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, GGAL also shows a nice and consistent pattern of rising prices.
GGAL is part of the Banks industry. There are 401 other stocks in this industry. GGAL outperforms 99% of them.
GGAL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GGAL is performing more or less in line with the market.
GGAL has an average volume of 1095840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month GGAL has a been trading in the 54.48 - 67.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, GGAL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
37.85
65.86
When analyzing the support we can see 3 important areas.
- Support @56.55 from a horizontal line in the weekly time frame.
- Support @55.49 from a horizontal line in the daily time frame.
- Support @38.23 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @56.92 from a trend line in the daily time frame.
- A resistance zone ranging from 60.25 to 61.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.61 to 65.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.48
Mansfield2.38
10 Day High62.44
10 Day Low54.48
20 Day High67.54
20 Day Low54.48
52 Week High74
52 Week Low21.6
Performance
1 Week-2.72%
2 Weeks-3.81%
1 Month-16.18%
3 Month-4.01%
6 Month37.68%
12 Month150.38%
2 Year415.12%
3 Year423.7%
5 Year702.27%
10 Year144.32%
15 Year850.59%
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)-0.27
RSI(14)38.92
LBB55.75
UBB61.03
56.56
-0.66 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.15%
1 Week-2.72%
2 Weeks-3.81%
1 Month-16.18%
3 Month-4.01%
6 Month37.68%
12 Month150.38%
2 Year415.12%
3 Year423.7%
5 Year702.27%
10 Year144.32%
15 Year850.59%
Volatility
ATR(14)3.41
ATR(20)%5.79%
ATR Inc18.3%
Range Today4.78
ADR(20)3.16
ADR(20)%5.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.48
Mansfield2.38
10 Day High62.44
10 Day Low54.48
20 Day High67.54
20 Day Low54.48
52 Week High74
52 Week Low21.6
CS1 End56.55
CR1 Start56.92
Volume & EV
DER(3)1.11%
DER(5)1.51%
Volume1.01M
Volume Incr5.13%
Vol(5)1.12M
Vol(50)1.10M