GIS Technical Signal Analysis
GIS have 4 buy signals and 2 sell signals now. The current trend is consolidation starting from 2025-03-10. The total price change during this trend is -8.35%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of GIS over last 5 trading day is $438,351,945.05
4 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.6
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.43
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
11.93
Bullish
Williams %R (14 days)
WILLR_14 < -80
-86.61
Bullish
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-0.13
Bearish
Closing price
close < fibonacci_S1
59.85
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
2.6
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.43
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
11.93
Bullish
Williams %R (14 days)
WILLR_14 < -80
-86.61
Bullish
GIS Support and Resistance Level
The support levels for GIS are at 60.01, 58.19, and 55.24, while the resistance levels are at 65.91, 67.73, and 70.68. With the current stock price at 59.85, it is leaning more toward the support levels.
GIS Technical Analysis
Technical Analysis of GIS Stock
Current Price and Trend
As of the latest data, General Mills, Inc. (GIS) is trading at $64.47. The stock has shown a bullish trend recently, closing at $64.5 on March 7, 2025, with a significant volume of 9,001,853 shares traded.
Key Technical Indicators
RSI (14): 64.81
The Relative Strength Index (RSI) is in neutral territory, indicating that GIS is neither overbought nor oversold. This suggests that the stock has room for further upside without immediate correction pressure.MACD: 0.60
The Moving Average Convergence Divergence (MACD) is positive, signaling an upward trend. However, the MACD line is slightly above the signal line, indicating moderate bullish momentum.Stochastic Oscillator (14,3,3): 75.44
The Stochastic Oscillator is in overbought territory, which may suggest a potential pullback in the short term.Bollinger Bands:
The stock is currently trading near the upper Bollinger Band, which could indicate overbought conditions and a potential reversal.
Fibonacci Levels
The Fibonacci levels suggest key support and resistance levels:
- Pivot Point: $62.04
- R1: $64.86
- R2: $66.59
- S1: $59.22
- S2: $57.49
The stock is currently trading above the pivot point, which is a bullish sign. However, the price is approaching the R2 level, which could act as resistance.
Moving Averages
- SMA (5): $62.18
- SMA (10): $61.37
- SMA (20): $60.13
- SMA (50): $61.36
- SMA (200): $65.88
The stock is trading above all major moving averages, indicating a strong bullish trend.
Volume Analysis
The volume on March 7 was 9,001,853 shares, which is higher than the 50-day average volume. This indicates strong investor interest and buying pressure.
Conclusion
Based on the technical analysis, GIS stock is in a bullish trend but may face short-term resistance near the R2 level ($66.59). The overbought conditions on the Stochastic Oscillator and proximity to the upper Bollinger Band suggest a potential pullback.
Recommendation:
- Sell GIS stock at current levels ($64.47) to lock in profits, as the stock may consolidate or correct in the short term.
- Consider re-entering at the Fibonacci support levels (S1: $59.22 or S2: $57.49) if the stock retraces.
This recommendation is based on technical analysis and should be used in conjunction with fundamental analysis for a complete view.
GIS FAQs
Which bull technical signals does GIS have?
Which bearish technical signals does GIS have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for GIS stock?
Is GIS a buy based on overall technical signals summary?
GIS Buy or Sell
GIS has 4 buy signals and 2 sell signals now. Overall the technical rating for GIS is Buy.
Buy
Sell
2
Buy
4
GIS Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 59.85 below the SMA_5. In the short term, the stock shows a positive trend with the 62.4 above the SMA_20. In the mid term, the stock shows a negative trend with the 60.77 below the SMA_60. In the long term, the stock shows a negative trend with the 61.09 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about GIS's current trend?What are GIS's key support and resistance levels?