GLOBAL INDUSTRIAL CO (GIC) Stock Technical Analysis
NYSE:GIC - New York Stock Exchange, Inc. - US37892E1029 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GIC. GIC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
88% of all other stocks performed better in the past year than GIC.
GIC is one of the lesser performing stocks in the Trading Companies & Distributors industry. 91% of 48 stocks in the same industry do better.
GIC is currently trading near the lower end of its 52 week range, which is not a good sign. GIC is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month GIC has a been trading in the 22.62 - 25.14 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 bad, GIC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.86, a Stop Loss order could be placed below this zone.
More info and screens
22.61
35.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.34 to 23.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.84 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 24.14 to 24.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.04 to 25.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.82 from a trend line in the weekly time frame.
- A resistance zone ranging from 33.52 to 33.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.46 from a horizontal line 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
CRS12.95
Mansfield-2.72
10 Day High25.14
10 Day Low22.62
20 Day High25.14
20 Day Low22.62
52 Week High46.97
52 Week Low22.62
Performance
1 Week2.56%
2 Weeks0.25%
1 Month-0.04%
3 Month-12.64%
6 Month-22.42%
12 Month-46.34%
2 Year-10.39%
3 Year-25.38%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.02
RSI(14)49.95
LBB22.72
UBB24.91
24.05
+0.26 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.09%
1 Week2.56%
2 Weeks0.25%
1 Month-0.04%
3 Month-12.64%
6 Month-22.42%
12 Month-46.34%
2 Year-10.39%
3 Year-25.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%2.6%
ATR Inc21.23%
Range Today0.56
ADR(20)0.59
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.95
Mansfield-2.72
10 Day High25.14
10 Day Low22.62
20 Day High25.14
20 Day Low22.62
52 Week High46.97
52 Week Low22.62
CS1 End23.86
CR1 Start24.14
Volume & EV
DER(3)1.51%
DER(5)3%
Volume119.70K
Volume Incr37%
Vol(5)155.00K
Vol(50)117.11K