CHART INDUSTRIES INC (GTLS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GTLS - US16115Q3083 - Common Stock
Overall GTLS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GTLS is only an average performer.
Although GTLS has an excellent technical rating, the quality of the presented setup is not ideal 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.
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117.25
2 important support areas can be observed.
- A support zone ranging from 197.46 to 205.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @118.43 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GTLS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GTLS is up. |
| ChartMill Relative Strength | 56.71 | NEUTRAL | GTLS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GTLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GTLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GTLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.65 | OVERBOUGHT | The high RSI value suggests GTLS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GTLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.28 | OVERBOUGHT | The high Stochastics value suggests GTLS may be overbought. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for GTLS suggests low volalility. |
| Average Directional Index/ADX (14) | 48.58 | POSITIVE | The high ADX value value for GTLS suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 206.10 | 203.89 | 2.20 (1.07%) | 25.00% |
| An entry @206.09. This is a Buy Stop order right above the 10 day high. | An exit @203.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.20 points, which is 1.07%. | For a 0.27% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
205.78
+0.18 (+0.09%)
CHART INDUSTRIES INC / GTLS FAQ
What is the technical rating for GTLS stock?
ChartMill assigns a technical rating of 7 / 10 to GTLS.
Can you provide the trend direction for CHART INDUSTRIES INC?
The current trend direction for CHART INDUSTRIES INC (GTLS) is Bullish.
What is the RSI signal for CHART INDUSTRIES INC (GTLS) stock?
CHART INDUSTRIES INC (GTLS) has an RSI value of 86.6523. This indicates that the stock is currently overbought.
What is the MACD signal for CHART INDUSTRIES INC (GTLS) stock?
The MACD indicator for CHART INDUSTRIES INC (GTLS) has a value of 0.0109933, indicating a bearish trend.
What are the support and resistance levels for CHART INDUSTRIES INC (GTLS) stock?
CHART INDUSTRIES INC (GTLS) has a support level at 205.09. Check the full technical report for our detailed analysis of GTLS support and resistance levels.