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ISHARES S&P GSCI COMMODITY I (GSG) Stock Technical Analysis

NYSEARCA:GSG - American Stock Exchange - US46428R1077 - ETF

22.85  -0.05 (-0.22%)

Technical Rating and Analysis

8

Overall GSG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GSG is only an average performer.

The long and short term trends are both positive. This is looking good!
GSG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GSG is lagging the market slightly.
In the last month GSG has a been trading in the 21.10 - 23.32 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, GSG outperforms 60% of them, which is more or less in line with the market.
Weekly and Daily overview Charts
ISHARES S&P GSCI COMMODITY I / GSG Weekly stock chart
ISHARES S&P GSCI COMMODITY I / GSG Daily stock chart
Setup Rating and Analysis

7

GSG has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

19.64

23.54

4 important support areas can be observed.

  • A support zone ranging from 21.95 to 22.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.31 to 21.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.59 to 20.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 19.84 to 20.09. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 23.05 to 23.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.2
Mansfield-0.36
10 Day High23.32
10 Day Low21.88
20 Day High23.32
20 Day Low21.1
52 Week High23.32
52 Week Low19.73
Performance
1 Week0%
2 Weeks4.33%
1 Month8.07%
3 Month6.41%
6 Month7.82%
12 Month7.76%
2 Year7.97%
3 Year19.77%
5 Year58.04%
10 Year16.24%
15 Year-21.68%
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)0.1
RSI(14)66.87
LBB21.33
UBB23.56
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
23.3221.871.45 (6.22%)16.08%
An entry @23.32. This is a Buy Stop order right above the resistance zone.An exit @21.87. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 1.45 points, which is 6.22%.When investing 16.08% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
ISHARES S&P GSCI COMMODITY I / GSG Daily stock chart

ISHARES S&P GSCI COMMODITY I

NYSEARCA:GSG (1/22/2025, 1:57:10 PM)

22.85

-0.05 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.22%
1 Week0%
2 Weeks4.33%
1 Month8.07%
3 Month6.41%
6 Month7.82%
12 Month7.76%
2 Year7.97%
3 Year19.77%
5 Year58.04%
10 Year16.24%
15 Year-21.68%
Volatility
ATR(14)0.3
ATR(20)%1.24%
ATR Inc-24.68%
Range Today0.1
ADR(20)0.19
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.2
Mansfield-0.36
10 Day High23.32
10 Day Low21.88
20 Day High23.32
20 Day Low21.1
52 Week High23.32
52 Week Low19.73
CS1 End22.29
CR1 Start23.05
Volume & EV
DER(3)7%
DER(5)5.63%
Volume377.80K
Volume Incr-31.64%
Vol(5)250.26K
Vol(50)273.34K