G-III APPAREL GROUP LTD (GIII) Stock Technical Analysis
NASDAQ:GIII - Nasdaq - US36237H1014 - Common Stock - Currency: USD
Taking everything into account, GIII scores 0 out of 10 in our technical rating. GIII'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.
GIII has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 26.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GIII 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
23.98
When analyzing the support we notice one important area.
- A support zone ranging from 24.22 to 24.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 26.33 to 26.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.22 from a horizontal line in the weekly time frame.
- Resistance @27.90 from a horizontal line in the daily time frame.
- Resistance @35.41 from a horizontal line in the weekly time frame.
24.69
-0.02 (-0.08%)