GATES INDUSTRIAL CORP PLC (GTES) Stock Technical Analysis
NYSE:GTES - New York Stock Exchange, Inc. - GB00BD9G2S12 - Common Stock - Currency: USD
Taking everything into account, GTES scores 2 out of 10 in our technical rating. GTES has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month GTES has a been trading in the 19.87 - 23.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
GTES is part of the Machinery industry. There are 127 other stocks in this industry. GTES outperforms 81% of them.
GTES has an average volume of 2374140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that GTES is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GTES is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GTES is lagging the market slightly.
The technical rating of GTES is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.34
22.88
When analyzing the support we notice one important area.
- A support zone ranging from 19.54 to 19.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.64 to 21.99. 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 22.64 to 22.65. This zone is formed by a combination of multiple trend lines 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
CRS75.84
Mansfield0.33
10 Day High23.85
10 Day Low19.88
20 Day High23.85
20 Day Low19.87
52 Week High23.85
52 Week Low15.14
Performance
1 Week-8.3%
2 Weeks-11.7%
1 Month-3.33%
3 Month-11.66%
6 Month22.55%
12 Month23.23%
2 Year43.99%
3 Year32.8%
5 Year171%
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)-0.27
RSI(14)36.71
LBB20.27
UBB23.92
20
-1.64 (-7.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-7.58%
1 Week-8.3%
2 Weeks-11.7%
1 Month-3.33%
3 Month-11.66%
6 Month22.55%
12 Month23.23%
2 Year43.99%
3 Year32.8%
5 Year171%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%4.3%
ATR Inc79.23%
Range Today2.04
ADR(20)0.83
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.84
Mansfield0.33
10 Day High23.85
10 Day Low19.88
20 Day High23.85
20 Day Low19.87
52 Week High23.85
52 Week Low15.14
CS1 End19.74
CR1 Start21.64
Volume & EV
DER(3)0.02%
DER(5)-0.34%
Volume3.98M
Volume Incr3.58%
Vol(5)2.67M
Vol(50)2.37M