GENERAL MILLS INC (GIS) Stock Technical Analysis
NYSE:GIS - New York Stock Exchange, Inc. - US3703341046 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to GIS. GIS'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.
73% of all other stocks performed better in the past year than GIS.
GIS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
GIS has an average volume of 4658410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GIS is an average performer in the Food Products industry, it outperforms 47% of 91 stocks in the same industry.
In the last month GIS has a been trading in the 55.15 - 63.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GIS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
56.97
70.35
When analyzing the support we can see 2 important areas.
- Support @60.71 from a trend line in the weekly time frame.
- A support zone ranging from 57.55 to 59.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 61.01 to 61.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @63.11 from a trend line in the daily time frame.
- Resistance @68.31 from a horizontal line in the daily time frame.
- Resistance @69.65 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
CRS27.26
Mansfield-1.56
10 Day High61.29
10 Day Low55.15
20 Day High63.11
20 Day Low55.15
52 Week High75.9
52 Week Low55.15
Performance
1 Week2.45%
2 Weeks2.97%
1 Month2.42%
3 Month-6.15%
6 Month-13.88%
12 Month-6.61%
2 Year-23.28%
3 Year-9.54%
5 Year24.49%
10 Year13.4%
15 Year69.42%
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)0.24
RSI(14)55.31
LBB57.35
UBB60.71
61
+1.81 (+3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.06%
1 Week2.45%
2 Weeks2.97%
1 Month2.42%
3 Month-6.15%
6 Month-13.88%
12 Month-6.61%
2 Year-23.28%
3 Year-9.54%
5 Year24.49%
10 Year13.4%
15 Year69.42%
Volatility
ATR(14)1.47
ATR(20)%2.37%
ATR Inc39.57%
Range Today2.1
ADR(20)1.32
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.26
Mansfield-1.56
10 Day High61.29
10 Day Low55.15
20 Day High63.11
20 Day Low55.15
52 Week High75.9
52 Week Low55.15
CS1 End60.71
CR1 Start61.01
Volume & EV
DER(3)1.76%
DER(5)0.28%
Volume5.22M
Volume Incr11.26%
Vol(5)5.01M
Vol(50)4.66M